Yes. There should be a level playing field. Big corporations have a greater advantage at stashing their profits overseas, to avoid paying their fair share. Cut out these shenanigans, so small and middle and sole owners compete on an equal footing bit big corporations.
http://www.informationclearinghouse.info/article38938.htm
"The thing about us businesspeople is that we love our customers rich and our employees poor. So for as long as there has been capitalism, capitalists have said the same thing about any effort to raise wages. We’ve had 75 years of complaints from big business—when the minimum wage was instituted, when women had to be paid equitable amounts, when child labor laws were created. Every time the capitalists said exactly the same thing in the same way: We’re all going to go bankrupt. I’ll have to close. I’ll have to lay everyone off. It hasn’t happened. In fact, the data show that when workers are better treated, business gets better. The naysayers are just wrong.
Most of you probably think that the $15 minimum wage in Seattle is an insane departure from rational policy that puts our economy at great risk. But in Seattle, our current minimum wage of $9.32 is already nearly 30 percent higher than the federal minimum wage. And has it ruined our economy yet? Well, trickle-downers, look at the data here: The two cities in the nation with the highest rate of job growth by small businesses are San Francisco and Seattle. Guess which cities have the highest minimum wage? San Francisco and Seattle. The fastest-growing big city in America? Seattle. Fifteen dollars isn’t a risky untried policy for us. It’s doubling down on the strategy that’s already allowing our city to kick your city’s ***.
It makes perfect sense if you think about it: If a worker earns $7.25 an hour, which is now the national minimum wage, what proportion of that person’s income do you think ends up in the cash registers of local small businesses? Hardly any. That person is paying rent, ideally going out to get subsistence groceries at Safeway, and, if really lucky, has a bus pass. But she’s not going out to eat at restaurants. Not browsing for new clothes.
Republicans and Democrats in Congress can’t shrink government with wishful thinking. The only way to slash government for real is to go back to basic economic principles: You have to reduce the demand for government. If people are getting $15 an hour or more, they don’t need food stamps. They don’t need rent assistance. They don’t need you and me to pay for their medical care. If the consumer middle class is back, buying and shopping, then it stands to reason you won’t need as large a welfare state. And at the same time, revenues from payroll and sales taxes would rise, reducing the deficit."
http://www.taxjusticeblog.org/archive/2014/04/#.VF5tIe_FJcs
"Over the years, Pfizer’s aggressive lobbying efforts have taken billions of dollars out of the U.S. Treasury, at the expense of ordinary taxpayers. Its biggest coup was the passage of a repatriation holiday (PDF) in 2004, for which it was the largest single beneficiary and ultimately saved the company a whopping $10 billion. On the state and local level Pfizer has also done very well for itself, receiving over $200 million in subsidies and tax breaks over the past couple decades."
http://www.counterpunch.org/2014/06/30/rep-issa-shielding-300-billion-in-tax-evasion/ "The U.S. tax code has long been perforated by corporate lobbyists and corporate tax attorneys whose primary purpose is to circumvent its laws so that their profit-rich companies can avoid paying their fair share to Uncle Sam. In many states, it is a literal race-to-the-bottom for elected officials to offer corporations sweeter tax deals to keep jobs in-state, as illustrated by the Boeing controversy in Washington State earlier this year. Notably, besides getting a state tax holiday, Boeing paid zero in federal income tax on large U.S. based profits last year — along with many other major U.S. corporations such as GE and Verizon. Some of these Fortune 500 companies even get a rebate check! (See “The Sorry State of Corporate Taxes” report from Citizens for Tax Justice. )
And of course multimillionaires and billionaires, by taking full advantage of tax loopholes, deductions, deferrals and other forms of creative accounting, often pay less in taxes than middle-class Americans."
http://www.counterpunch.org/2014/08/14/in-the-time-of-the-shadow-bankers/ "manipulates the tax codes of both countries to extract the greatest net tax reduction."