[ale] Corporate taxes...

[F. Grant Robertson]

Did you not read what I replied to you?  GE as an entity may have paid
no actual tax but, the shareholders and employees paid taxes on the
dividends and wages they were paid.  Even Jack Welch, paid taxes.. and
believe you me he paid quite alot of them. 

If you eliminated personal income tax, and forced the corporations to
pay for the burdens of the federal government, you would not create any
net difference in where the money came from. You would only create the
illusion that individuals pay no tax..  The reality is quite the
contrary though, as people who earn money (consumers) are the ones who
provide the income to the corporation, they are in turn the ones who
bear the burden of any tax, regardless of who is technically liable for
it under the tax code.  

The myth of corporate taxes is only a device used to make you as a voter
think that you are being relieved of the burden. the end result of any
tax is money _you_ earned through work or investment is confiscated at
the point of a gun by the federal government. It makes absolutely no
difference who signs the check, it's coming out of _your_ pocket.

The only exception comes if you are one of the "unfortunate" people who
the liberals have relieved of their own tax burden by shifting that
burden to those who are "fortunate". The end goal of the Democrats is to
eliminate the direct, visible tax burden on the lower and middle class
so that they think they are getting a deal and a free ride. However,
this idea breaks down once transfered from paper to practice because of
the principles I've outlined above. Any income for the federal
government _must_ come from GDP. When you expand your thoughts to
visualize this larger picture, and remove individuals and corporations
from view (by taking all as a whole, hence the concept of GDP or Gross
Domestic Product) it becomes crystal clear. More money in federal income
directly translates to less free capital in the open economy.  If you
ran the numbers and expressed the yearly federal budget as a percentage
of GDP, you'd find that the total tax burden is growing at a rate beyond
that of the growth of GDP.  This by definition is an impossible cycle to
continue, as eventually, all of GDP becomes the sole property of
government..  and that by definition is the economics of communism.

It's plain and simple, it's right there in front of you but you refuse
to see it. 

-G



On Wed, 2002-11-13 at 10:42, James P. Kinney III wrote:
> On Wed, 2002-11-13 at 10:01, Brian J. Dowd wrote:
> > Ok...my blood has finally reached the boiling point...
> > 
> > > The only thing you left out was to close the tax loopholes
> > 
> > Since all tax "loopholes" are congressional laws initiated by the House 
> > and passed by both
> > the House and the Senate. And since both houses have been almost totally 
> > under the control of Demorats for the past 48 years...What, exactly, is 
> > your thesis?
> The process of paying taxes requires money. It has always seemed to me
> that since corporations are an artificial entity whose existence is
> solely for the accumulation of money, they should be required to chip in
> as I am required to chip in. I have always viewed taxes as the means for
> funding the processes we, as a collective people, want to see done.
> 
> I place the blame on the current loopholes that allowed GE to earn
> billions and pay $0 tax squarely on the greed of the people that make
> the rules and the greed of the people that asked for the rules to be
> made.
> 
> > 
> > > that allow
> > > corporation to earn billions and pay no taxes. GE, Enron, and several
> > > others have managed to avoid paying taxes on the billions they earned in
> > > profits
> > 
> > Corporations are figments of lawyers' imaginations and corporate taxes 
> > are figments of liberals' dreams. Corporations are totally owned by 
> > shareholders, ie: *people*, who then wind up paying the taxes on any 
> > imputed profits. Any tax actually paid by corporations merely serves to 
> > raise the production costs of its goods so that all  its customers wind 
> > up paying this hidden tax when they buy its products.
> > 
> > If you really want to learn about (not just argue about) the 
> > ramifications of "corporate taxes" please give http://www.fairtax.org a 
> > few minutes of your time after you calm down.
> 
> I have read much from that site before. And I still believe very
> strongly that an entity whose only reason for existence is the financial
> conquest of a market should be part of the funding process for the goods
> and services that the government attempts to provide to the entire
> population. As I see it, much of the current system of rules and
> policies and processes exist to benefit that direct class of artificial
> people. So, since they do have pockets lined with gold, why should they
> not financially support the system that allows them to thrive here
> better than anywhere else in the world. 
> 
> > 
> > > while our schools were cramming 35 kids into a trailer called a
> > > classroom in front of a single teacher who is supposed to train these
> > > kids to become good employees of these companies.
> > >
> > I'd seriously like to see your references to studies which correlate 
> > class size or classroom construction methods to SAT scores or some other 
> > measure of students' depth of knowledge. I will read your info after I 
> > calm down. ;-)
> 
> I teach, for one source of data. The direct evidence is getting harder
> to come by as a layman. But some plugging on the web shows that the
> schools with smaller class sizes will, on average, have better
> performing students than schools with larger class sizes. 
> 
> It really is all about investment. Some areas of the country are willing
> to invest more into their schools than others. The immediate payback is
> bragging rights based on test scores. The long term payback is a better
> educated population with higher lifetime earning potential to fill the
> coffers of government with their tax money.
> 
> The reference to trailers is not a slap on building style. It is an
> attack on the poor planning and budgetary woes of many school systems. 
> 
> It is well known in the education profession that the closer a class can
> get to the one-on-one mentor/student scenario found in graduate school,
> the higher the learning rate becomes. As society moves towards using
> more technology, the total amount of knowledge needed by an individual
> to be an active participant in this society is increasing. 
> 
> So we have class sizes mandated by non-teachers in Georgia to be 32
> students to one teacher maximum. This number has been chosen as the best
> trade-off between teaching paradigms and budgetary concerns. 
> 
> I am still looking for a full-time job. But not in Georgia. Or anywhere
> in the south, for that matter. 
> 
> -- 
> James P. Kinney III   \Changing the mobile computing world/
> President and CEO      \          one Linux user         /
> Local Net Solutions,LLC \           at a time.          /
> 770-493-8244             \.___________________________./
> 
> GPG ID: 829C6CA7 James P. Kinney III (M.S. Physics)
> <jkinney at localnetsolutions.com>
> Fingerprint = 3C9E 6366 54FC A3FE BA4D 0659 6190 ADC3 829C 6CA7 
> 
> 




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