Tuesday, May 05, 2009

Quote of the "Corporate Taxes" in air quotes

The only entity that can pay taxes, ultimately, is the individual consumer. "Corporate Taxes" are a myth. If the government wants to raise a million dollars to buy diapers for needy babies, and charges the Great Big Diaper Co. a $1,000,000 tax for the purpose, then Great Big Diaper Co. is going to have to lay off $500,000 worth of employees and raise their diaper prices by $500,000. (Unlike the government, GBDC can't just print money.)

Now you have more needy babies and diapers are more expensive. Good job, government!
~Tam

This, of course, presumes that the government INTENDS on getting more people less dependent upon it.

They'll "help" you all the way to their teat.

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