Corporate People
The SCotUS recently decided corporations are individuals and are therefore allowed to contribute unrestrictive to political campaigns. In other words, corporations are exempt from 100 years of campaign finance laws and previous court decisions.
So, that being said, since corporations are, per the SCotUS, legal individuals does that mean corporations will be as tax responsible as individuals? For example, will they now be required to pay income taxes on monies earned, or pay roughly 30% to the IRS and hope for a government refund in April 15?
So, that being said, since corporations are, per the SCotUS, legal individuals does that mean corporations will be as tax responsible as individuals? For example, will they now be required to pay income taxes on monies earned, or pay roughly 30% to the IRS and hope for a government refund in April 15?
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