CB,
By examining the trees, you fail to see the forest. The issue is much bigger than double taxation whining by greedsters.
What is going on today is that corporate America, using their lapdogs in government, are trying to tell American society that corporations have no responsibilities for the communities they live in. They only have one responsibility: filling their treasury and dispensing the cash to the elite. Assuming no responsibility for the cost of infrastructure that makes their profits possible, that takes no responsibility for the end of life issues for the millions who don't rise to the highest ranks of the elite managements and boards of directors who are scandalously engaged in mutual self-dealing while disregarding the rest of society.
So, yeah, I understand the arguments about Subchapter C double taxation. But it's all smoke. Hiding the big truth that the corporations are feral, and are on a course that will do great damage to this nation, in their monomaniacal lunging toward profits with no regard to the costs that they try desperately to pass off to every other sector of society.
Corporate America is on trial in the Enron investigation. It's going to be found to be vulgar, wrong-headed and evil. We won't have a deregulated free market irresponsible capitalism that Kenny Boy dreamed of in ten years. Hopefully, we'll have a reasonable response on the part of society to end the abuses of the corporate sector, which, frankly, has been a terrible poison on society of late. We cannot afford as a community, or as a society, to allow the corporations to create the monstrous future they envision.
Just one man's opinion, Ray
BTW, I was right in 2000 that Wall Street was evil with the creation of the bubble market, and I believe I see clearly today the cancer among us. |
