Quote:
Originally Posted by Desnudo
At a conceptual level, increasing taxes on corporations simply shifts resources to the government for spending and decreases incentives and ability to grow business in the private sector. Corporations will either pass through the cost in the form of reduced employment or reduced salaries.
So it ends up hurting the "peasants" in the end. Unless you work for the government.
|
Except that when corporations can run a sinking ship but don't go under because of massive size and loopholes that they usually have a hand in crafting; this decreases competition and erects entry barriers so that new competitors cannot come into a marketplace; the government then has to get money from somewhere and that's typically going to be the "peasants" so not only do you have increased taxes on the peasants but market inefficiency that creates a sort of artificial inflation for them as well.
Or was that not glib enough for the last few posts?
SI