Taxing+Corporations

__**Taxing Corporations**__
 * By: Emily and Matt**

__**The Solution**__: Our article is stressing the point that taxing corporations could be a helpful solution to our debt problem. Although our corporate tax is higher than most countries, we are taxing corporations less than we did fifty years ago. This insinuates that there is revenue for our government that at this moment is untapped. By raising corporate taxes, we can aid our national debt and not put our current socioeconomic condition in too much jeopardy.

- We can avoid taxing the public and keep our social systems as they are Who's for it: The general public, social groups
 * __Pros:__** - By raising the taxes we will gain aid in lowering our national debt

__**Cons:**__ - may dissuade economic competition within corporations, and lower overall economic growth - small corporations that can't handle tax cuts would go under - The overall revenue might not be enough to help our debt situation Against it: Small corporations, rich business man

http://www.philly.com/inquirer/local/nj/20110106_N_J__considers_corporate_tax_break.html - This article cover the idea that the New Jersey state government is considering raising corporation taxes. This article was written by a newspaper columnist who doesn't appear to have any bias. This would be a proponent for those aiming to lessen the taxes to in state people

http://www.indystar.com/article/20110105/BUSINESS03/101050325/Companies-press-tax-credit?odyssey=tab|topnews|text|IndyStar.com - This article is purely informational about how Obama is pressing for rise in corporation taxes and the extension of tax cuts. This article is written to inform the people about how this would benefit them and doesn't really focus on the negatives, swaying them to side with the President.