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SouthPhilly_215 t1_j0qvavq wrote

Why do we grant corporations tax exemptions?

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blowjob215 t1_j0r1msv wrote

Not all purchases made by corporations are exempt from sales tax. They get their tax bill as low as possible by claiming investments for future business, i.e. building a factory or buying new machines to put in it is exempt because it’s a capital expense necessary to generate future revenue, which will (ideally) be taxed.

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