>All corporate income comes from the customer base (read "the rest of >us"), we pay all taxes, directly or indirectly. Corporations have two >choices over the long term - pass on all costs to their customers, and >taxation is a cost, or loose money until the capital investment is >gone and then cease business.
You miss the cause of the problem. In recent years a very small segment of the population has been skimming off $Billions of corporate profits. In effect the profits that would have been taxed to provide for the common good have been diverted into private hands. - The disgraced CEO of Countrywide financial paid himself $48M in 2006. - Ditto Bear Stearns $40M. - CVS drugstores $26M - Exxon Mobile $27M - AT&T $25M - Verizon $26M - Qwest $18M etc. etc. But I guess that is okay if you are one of those be considers $5M/yr to be a middle-class income. ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************
