Mr Wozniak, who said he originally helped set up Apple to \”empower the little guy\”, said it was \”really not fair\” that companies are not treated the same as people by tax authorities.
\”People are not taxed on profit; they are taxed on income,\” he said. \”Corporations should be taxed the same as people, in my mind that is how it should be, that would make things fair and right.
\”That means corporations pay taxes on all of their revenues or people only pay it on a tiny amount called profit and until we rectify that, the whole problem is just with us forever.
\”That is why the rich get richer and the poor get poorer and I am always for the individual being much more important than their training; same reason I created the Apple computer at the start, it was to empower the little guy.
\”Why do businessmen get to write off lunches and cars? If normal people did they would have more savings.
\”That is really not fair, that businesses are not treated the same as people.
\”A person would say, \’my life is my business and I have to pay for my home, pay for my clothes, my food and what is left over if I make a little money some year and put it in savings, that is my profit\’, but people are not taxed on profit, they are taxed on income.\”
Not really going to work, is it?
A low margin company (say, a retailer) would be wiped out by an income tax, while a high margin one (oooh, say, Apple) wouldn\’t give a toss.