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Politics : PRESIDENT GEORGE W. BUSH
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To: Mr. Whist who wrote (55038)10/31/2000 4:35:25 PM
From: Joe Btfsplk  Read Replies (2) of 769670
 
One step toward a better society would be dropping the fiction that corporations pay taxes. Corporations don’t pay taxes. People pay taxes.

The average zhlub can figure out what he’s getting nailed with withholdings, maybe figure out that sales taxes over a lifetime diminish his ability to get more stuff with less work. With a little thought, the same schnook might figure out that he’s supporting a parasitic government with confiscations hidden in every level of production of the stuff he and his want.

We’ve developed two ways to get richer: economics; earn it, or politics; steal it. Wealth gained through economic action gets there by satisfying consumer demands, much of which can’t be foreseen. Riches gained through politics interferes with the feedback mechanism, where consumer spending directs the means of production in a constant looping discovery process.

When more capital is put in economic endeavors, it also creates opportunity for others to have real jobs that allow them, in turn, to earn their stuff. This is of particular benefit to those at the trailing end of the bell curve.

In the wacky world of the left, taxing investment capital is just sticking it to an imaginary minority of fat cats. In reality, it’s diminishing future opportunities, with the burden falling heaviest on those who need them most.
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