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To plunder is to take the welfare that rightly belongs to the poor, and then give that money to the rich in tax cuts, and to do so knowingly.
The money belongs to the people who earn it.
Think Progress isn't a non-biased publication so I would at least do a little more research. And who pays corporate taxes anyway? We do. Taxation is a cost of doing business and is rolled into the cost of goods and services which get passed to us in the form of higher prices. Basic freshman economics.
Think Progress isn't a non-biased publication so I would at least do a little more research. And who pays corporate taxes anyway? We do. Taxation is a cost of doing business and is rolled into the cost of goods and services which get passed to us in the form of higher prices. Basic freshman economics.
The constitution gives Congress the power to tax. So the money belongs to the people who earn it until Congress taxes it.
Think Progress is a liberal source but one can't dismiss them unless you can cite where they were false.
As far as freshman economics goes, firms establish the highest price that the market will bare on the maximize revenue curve. So, raising prices will cut revenue. Since taxes are assessed on profits, it means only after tax profits would be lower. But even if prices rose, that's an acceptable trade off.
Loafing is a man's free choice; charity is yours. A parasite, on the other hand, is a person who demands -- and what is more, who believes -- that others must provide for him what he cannot provide, or chooses not to provide, for himself.
People of fewer scruples now had the power to "vote themselves money" that is, to exploit the naive sympathy or noble sentiments of an entire community. So the modern parasite engenders a mass political movement for parasitism, citing the material abundance around him as evidence of injustice (unfairness). And just as the traditional, "private" parasite requires a rationalization for his behavior, consisting of excuses for his inactivity and sophistries to support his claim on the efforts of others, so the new, mass-movement parasite.
To plunder is to take by force what belongs to another man, and to do so knowingly. To anticipate slightly, we might contrast the traditional tyrant with the parasitocrat by observing that the former declares to his subjects, in effect, "You built that, and now I'm taking it," while the latter says, literally, "You didn't build that."
My Cato Institute colleague Tad DeHaven has published a new study, “Corporate Welfare in the Federal Budget,” on business subsidies, which he figures to cost about $100 billion a year. Slashing corporate welfare obviously won’t balance the budget—which is why middle class and defense welfare also have to go on the chopping block. However, cutting business subsidies would be a good start to balancing the budget. Moreover, going after corporate welfare is essential to create a budget package that the public will see as fair.
Think Progress isn't a non-biased publication so I would at least do a little more research. And who pays corporate taxes anyway? We do. Taxation is a cost of doing business and is rolled into the cost of goods and services which get passed to us in the form of higher prices. Basic freshman economics.
All true, but you're trying to enlighten people who lack the critical thinking skills to comprehend such.
My Cato Institute colleague Tad DeHaven has published a new study, “Corporate Welfare in the Federal Budget,” on business subsidies, which he figures to cost about $100 billion a year. Slashing corporate welfare obviously won’t balance the budget—which is why middle class and defense welfare also have to go on the chopping block. However, cutting business subsidies would be a good start to balancing the budget. Moreover, going after corporate welfare is essential to create a budget package that the public will see as fair.
What exactly is meant by "corporate welfare?" Is the government giving corporations more money than they pay in taxes? Or is the government merely taxing them less. In other words, which corporations have a NEGATIVE effective tax rate?
What exactly is meant by "corporate welfare?" Is the government giving corporations more money than they pay in taxes? Or is the government merely taxing them less. In other words, which corporations have a NEGATIVE effective tax rate?
"...when the government provides a narrow exemption from general tax obligations it essentially is writing a check."
FAIL.
Anyone who insists paying less in tax is the same as receiving government "welfare," must also then agree that the 95% of federal income tax filers who pay an effective federal income tax rate below 12% are also receiving government welfare. Do you agree to that? Is it really your contention that 95% of the tax-eligible population in the U.S. are welfare-recipients?
For me parasites in this country are:
- Indian and Chinese who come here to study at expense of US tax payers
- Latino women who purposely delivery anchor babies here to collect money from US tax payer
- Latino man who do not pay tax then work illegally
- Many at government jobs that work only part time but take full wages and benefits
- Of course people at welfare and countless at SSDI
- Many that work in banks or other companies. Many at Wall Streets. For ex high speed trading should not exist.
UGLY TRY IS THAT IN CAPITALISM ONLY 20% OF PEOPLE WORK AT FREE MARKET AND WORK LIKE ANIMALS. OTHER SUCK THEIRS BLOOD. In socialism no one is at free market and there is no money for none. I'm an immigrant here and forced to be in this 20% otherwise I would be in happy 80%.
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