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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (38713)	11/21/2014 3:34:06 PM
From: Lane3	Respond to of 42652

The only losers are the armies of tax professionals that would be out of a job and the rich people whose income taxes go up more than they benefit from lower prices given that they buy disproportionately less stuff. I neglected to include those who would be affected by the price drop in the stuff they already own. Mea culpa. And I think that "48%" should have been "47%." But close enough for government work...

To: Lane3 who wrote (38713)	11/22/2014 4:36:26 AM
From: Road Walker	Read Replies (1) \| Respond to of 42652

Lane, your whole "win-win" is based on the false assumption that corporations will pass on the tax savings to the consumer. In almost all cases they won't. I've sat in corporate meetings all my life and our number one goal was always to get more money per transaction, not less. The vast majority of any tax cut will go directly to their bottom line. In the meantime they'll be using our already battered infrastructure disproportionately. And the personal tax liability will go up. I'm a retired guy with 30+ dividend paying stocks so cut out the cheap shot insults about my hating corporations. It appears to me that your ideology has placed you at one end of this issue and you're desperately trying to justify it. And don't try to tell me about the "magic hand" moving prices down. There is so much price collusion out there that it doesn't work anymore. Corporate CEO "Oh boy we don't have to pay taxes let's cut back our revenue!!!" Ain't going to happen.