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Politics : PRESIDENT GEORGE W. BUSH
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To: Mr. Whist who wrote (199605)11/4/2001 9:29:39 AM
From: Thehammer  Read Replies (2) of 769670
 
I don't buy the argument that a business doesn't pay taxes.

What do you think are the economic consequences of higher costs to corporation? What decisions do they make when faced with additional costs. There are a lot of "ifs" imbedded in this equation such as the nature of competition in the particular industry, the state of the economy, the profit / loss profile of the company. Nevertheless the usual reaction is to look at the factors they can control such as other costs or revenue. Generally in a "good economic" climate they would pass the added costs along to the consumer. In a "poor economic" climate the reaction would be to cut other costs and usually the largest and most controllable cost is payroll. (This has negative implications if you are an employee)

Bottom line: Victims and those folks who cater to the them view life as a zero sum game (someone wins and someone loses.) Invariably they seek to "stick it" to the winners and ultimately wind up impaling themselves.
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