Dear R.S.
I want to take issue with you about something you said several days ago in a post. You gave out an amazing list of ideas that would help the country.
That was good, far better than I’m used to.
But one of them was to raise taxes on corporations.
The idea is, of course, that if corporations pay more, the govt will have more and America will be better off.
Sounds sweet, but not true.
In reality, corporations don’t pay taxes.
This is exactly like prices appearing to go up when the fact is that the worth of the dollar is going down (inflation).
What happens is that the corporations add on the taxes “paid” as an expense of doing business, thereby raising the price of their product to cover the additional cost.
They only pay the taxes on paper. In reality the cost is moved down the chain, trickled down so to speak, to the consumer.
An increase in corporate taxes will cause increased prices, or poorer product quality.
Please get over this warm fuzzy idea that the evil corporations must be taxed more to punish them. You are too smart for such indulgences.
Grimmy











Hillary Responds To Ann Coulter’s Support
Jason Linkins, The Huffington Post, February 3, 2008
Candidates on the campaign trail are frequently faced with any number of tough questions and confronted on all sorts of difficult and divisive issues. But only Hillary Clinton has had to face down the harrowing prospect of earning the support of wackadoodle dandy Ann Coulter. When asked to respond to the news by George Stephanopoulos, Clinton was either forced to choke back a dollop of gorge or else found the prospect so amusing that it prompted a coughing jag. Anyway, who can blame Clinton for reacting the way she did? It definitely “humanizes” her!
See the Video Here