Here I am agreeing with Tim. As for your argument Robert, I understand your point and it is well taken...up to a point. I've been an officer of a small business, I've started companies and been self employed. I'm fundamentally an entrepreneur and am not at all anti-business.
But when companies get tax breaks, they don't all go into R&D, new hiring, etc. A lot of times it goes into acquisition and the elimination of duplicate jobs. Or increasing salaries (which certainly does help out the tax base to an extent). Job creation and growth is great, especially if done in an intelligent fashion. But if we combine corporate tax breaks with tax breaks on the wealthiest folks and those corporate tax breaks go to acquisition and increasing executive salaries, we end up with job loss and lower tax receipts. Oregon has recently seen a weird thing going on. Corporate lobby groups in the state have been pushing for tax increases. You know why? Because the state became substantially disinvested in education. We passed tax breaks and property tax caps and we passed measures for mandatory minimum sentences and the net result was money going to prisons and out of education and public safety. And now businesses are worried that we don't have the educated workforce we need for the high tech businesses that we've been trying to attract. There needs to be a better balance between corporate tax burden and individual tax burden and we need to make sure that we are investing in the social infrastructure that we need to continue out into the future. Things like roads, water treatment, education, a clean environment and public safety. Judah On Tue, Oct 14, 2008 at 9:06 PM, Robert Munn <[EMAIL PROTECTED]> wrote: > Every dollar in tax that a company pays is a dollar that it can not invest > in the economy. I dislike the idea of punishing one group or another with > special taxes. > > As for corporate tax breaks, that's a favorite populist target, but when > companies get tax breaks, where do they put that money? Back into the > economy. Into jobs. Into R & D. Into growth. Entire chunks of the economy > rely on that money. Taking it away from the economy and putting it in > government coffers is not the solution. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:274506 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
