YES, THAT MEANS YOU
Corporations can only gain revenue by selling things or services that people want; and only make a profit if they sell these things for more than they cost to produce. In the process they give employment to people who prefer that job to any other they can find. Therefore, profit-making Corporations create wealth for their customers, Stockholders, and employees. (NOTE: The major stockholders in most large corporations are pension funds and 401Ks) Corporations take wealth from no one. So why do liberals have such a problem with capitalism?
Another thing about liberals; they are always wanting to increase the tax rates on corporations. I have two problems with that.
(1) – The United States already has the highest corporate tax rate of all the industrialized nations. (NOTE: Japan did have the highest, but realizing the mistake, they lowered it)
(2) – No mater how much you tax corporations, they do not pay those taxes. They simple pass it along to their customers by adding it to the price of goods or services which they sell. Liberals just don’t get it. They think raising corporate tax rates is a way to soak the rich, but ironically, they are actually raising the tax on themselves and on you and I.
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