From: Terry Donaghe (tdonaghe@yahoo.com)
Date: Mon Dec 14 1998 - 10:48:34 MST
---Josh Glasstetter <jag36@cornell.edu> wrote:
>
> >Also, governments can exist just fine with very little or no
taxation.
> > Look at the US up until 1913 or so. Hell, look at the US up until
> >the early 60's. I think families paid less than 10% of their income
> >in taxes up until the Democrats decided to create a Welfare State.
>
> absolutely not! the reason working families pay so much is because the
> share of the tax burden funded by corporations has decreased from
around
> 40% to 10%. they've bought off enough politicians over the years to
exempt
> themselves from countless taxes. so while the standard of living for
the
> average American has stagnated, and decreased in many instances,
American
> corporations are pulling in record profits and are receiving more in
> government welfare than individuals. and how did this happen? a
privileged
> few running unchecked in a ruthless battle to the top, stepping all
over
> the American public in the process.
>
>
I'm sorry, are you implying that profits are bad?
The only type of true corporate welfare are grants given to businesses
by the government. All tax decreases are in effect price decreases
for consumers. You seem to imply that there is some fair share of the
"tax burden" that corporations should take. That's silly. All income
taxes that the government imposes on corporations are passed to
consumers as price increases. Corporations pay no income tax.
==
Terry Donaghe: terry@donaghe.com
Individual, Anarcho-Capitalist, Environmentalist, Transhumanist, Mensan
My Homepage: <http://www.donaghe.com/terry.htm>
Visit The Millennium Bookshelf: <http://www.donaghe.com/mbookshelf.htm> Prepare yourself for the next age of mankind!
_________________________________________________________
DO YOU YAHOO!?
Get your free @yahoo.com address at http://mail.yahoo.com
This archive was generated by hypermail 2.1.5 : Fri Nov 01 2002 - 14:49:59 MST