I just think it is a scam that people fall for this class-envy/shell-game stuff that politicians put in their heads. The fact of the matter is that ALL companies will always pass along the costs of doing business to their consumer. No matter if the expense is the cost of materials, or taxes, the consumer always absorbs the expense.
The other thing that occurs here is that a politician may claim that they are sticking it to the Big Bad Corporation out of one side of their mouth, but then they will give the company some loophole in the tax code while you are not looking, all the while convincing the unread voter that they are being protected by the great and powerful politician, and then they get large campaign contributions from the very same company.
There are a myriad of other scams that the politicians pull on us, but the single solution is to adhere to the limits in The Constitution and shrink The Goverment down to a size that doesn't allow for so much power in so few hands.
A Limited Federal Goverment baby!! Works every time.
"The government of the United States is a definite government, confined to specified objects. It is not like the state governments, whose powers are more general. Charity is no part of the legislative duty of the government."
-- James Madison (speech in the House of Representatives, 10 January 1794)
-- James Madison (speech in the House of Representatives, 10 January 1794)
Tuesday, August 12, 2008
Most companies in US avoid federal income taxes
Presented for your consideration by POAST at 6:38 PM
Labels: Congress, economics, Free Markets, Freedom, Liberty, politics, The Senate
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