Monday, April 23, 2012

There's Nothing new Under the Sun...

"No matter what anyone may say about making the rich and the corporations pay taxes, in the end those taxes come out from the people who toil." -- Calvin Coolidge(1873-1933), 30th US President

 In short, corporations don't pay taxes. People pay taxes. Any business simply views taxes as another expense, built into the price of their goods and services. Except when they're competing in a global economy with leaner, more efficient overseas competitors not burdened with those taxes. Then our domestic corporations simply shed workers and move off shore. This makes stockholders happy, but the poor and children are hardest hit.  

Do you understand that simple economics lesson, Liberals?
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