[EMAIL PROTECTED] wrote: >> We must reform the political finance system to strip away the influence >> currently owned by special interest and other big money players. >> > > Leland, all the other complexity you added, which is far to much to deal with > point by point... would take twenty pages is summarized by calling it > justifucation for the above statement. The problem with it, and I agree > there are problems with the big money contributors, is where will the power > come for this structure? This totalitarian approach is even more scary than > the business driven one because we can see and understand what they want. > Their desires are somewhat logical. Hitlerian regimes are, by their nature > illogical and driven only by the lust for power. > > >> You are all forgetting that corporations pay most of our taxes. Guess who >> ultimately pays; it is the consumer whether rich or poor. Whoever buys the >> most, pays the most. Which is probably the middle class. >> > > Nicholas, you hit the nail on the head. Leftys do not understand, you cannot > tax business. Every penny they pay is passed on to the consumer. It just > makes leftys feel good to stick it to business, when in reality they are just > raising taxes on the the public. Such are the deranged fantasies of the left. > > Larry Miller > For income tax purposes a corporation is consider a person, much like you and I. Some corporations can elect to be tax under the IRS rules that allow everything to pass through to the individual who must then pay the tax. Anyway, for corporations the tax is applied to net income, after all expenses have already been deduced. Whatever net income is generated is then taxed at a progressive rate, so the more net income a corporation has, the more revenue the Federal Government receives The income tax is not something a Corporation could view, at least in theory, as an expense to be passed on to the consumer, because its just a percentage of net income.
This makes the government more like a partner of the corporation. The government wants the business to success and generate good income, because the government participates in the earnings. Regards, LelandJ > --- StripMime Report -- processed MIME parts --- > multipart/alternative > text/plain (text body -- kept) > text/html > --- > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
