Thursday, May 12, 2011

Response to a common Complaint

Who do you think pays when corporations pay more tax?

That's right you and me. I presume by fair you mean anything but fair -
punitive attacks on success are considered fair by the left.

If by success you mean making money through predatory pricing and poor wages/benefits for employees, then yes, I am for punitive measures.  However, I don't see how making sure businesses pay taxes like everyone is punitive.  If their greed makes them raise prices because they have to pay taxes, eventually they will fail, when people can no longer afford what they are selling.  Right now, I work just as hard as my elite business executive friends, yet I earne 1/5 the salary and pay more is that fair?  Thea
I don't know of anyone who has been successful in business who relies on pricing that does not recoup costs and can't retain employees because of poor conditions. That is unless they are subsidized by governments or taking advantage of illegal immigration. Chinese oil companies and Brazilian aircraft manufacturers come to mind. Perhaps you can think of someone.
A business is not a person – (even people on the right don't seem to get this – Bill O'Reilly) They rely on customers to pay their expenses and if they are efficient they can make a profit and stay in business. Ultimately the customer will always pay – an added expense like a new tax will come right off the bottom-line. This is basic economics – if investors can get a better return at another company they will move their capital there – it is not a question of greed. The freedom to create wealth has produced unprecedented advances in standard of living and life extension over the past two hundred years.
I feel for you when you are prevented from getting the true market value for your work. Unfortunately your industry has been monopolized by the government and is artificially holding the real cost down by restricting wages and engaging in predatory pricing. I support your quest for private sector wage levels – that is if you also accept private ownership.
The alternative is to turn the entire economy over to centralized government planners and we will all be equally poor – see Cuba.

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