The most dangerous myth is…that business can be made to pay a larger share, thus relieving the individual. Politicians preaching this are either deliberately dishonest, or economically illiterate… Business doesn’t pay taxes….people pay as consumers every tax that is assessed against a business. If the tax cannot be included in the price of the product, no one…can stay in business. — Ronald Reagan
How can people be so blind as to think that the way to gain wealthy profitable economies is giving away money from the people who are profitable? If you had three apples and I wanted an apple would it be better to give me an apple or give me apple seeds so that I can grow my own apples?
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March 31, 2009 at 10:54 am
Scott Adamson
I would tend to agree with you on this point, I have been saying from the beginning that giving money to businesses is a bad idea, if you want to create jobs in the economy you give tax breaks to Businesses for each job they create and keep for 1 to 5 years. Giving money as a reward to the businesses that create the most jobs with in a year is also a good approach. Something else to consider if these companies where managing their money so well we would not be in this economic mess, so giving money or apples as you call ‘em with out regulation or game rules is a poor idea but giving seed and letting the fruit of their crops be their reward is a good idea. P.S how do Oranges fit your story
April 23, 2009 at 8:26 am
Craig
Oranges are from Florida, and I am not ready to be that old and retired yet.