Off-Topic: You could have stopped at the 2nd word
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Name:
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MartiniMan
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Subject:
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You could have stopped at the 2nd word
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Date:
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6/28/2021 12:17:55 PM
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This is an incredibly important point that the vast majority of Americans simply don't understand. Corporations do not pay taxes. Only individuals do. All corporations do is pass along their tax liability to their customers in the price of their goods and services.
A second point is that if you took away all the wealth of the top 1% (not their income, their entire net worth) it wouldn't fund the goverment for any length of time. Of course we know that will never happen because they have the lobbyists to get the tax code right and the legions of accountants and attorneys to make sure they pay as little as possible. Same is true for the ultra wealthy......they know how to play the game. They publicly decry that they don't pay enough in taxes to hopefully protect themselves from the mobs while quietly engaging the best advisors to avoid paying a penny more in taxes than they absolutely have to. I have no problem with the latter as long as they aren't hypocrites like Warren Buffet, Bill Gates, et al.
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