Aw, the taxes on tea are not bad. Can we just toss the corporations into the harbor, along with the other tax collectors, and the politicians of course?
--graywolf ------------------------------------------------- The optimist's cup is half full, The pessimist's is half empty, The wise man enjoys his drink. ----- Original Message ----- From: aimcompute <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Sunday, November 25, 2001 10:44 PM Subject: Re: Taxes (Re: Depreciation of assets) > Time for a TEAPARTY!!! > > Tom C. > > ----- Original Message ----- > From: "Tom Rittenhouse" <[EMAIL PROTECTED]> > To: "Pentax Discussion Malling List" <[EMAIL PROTECTED]>; "Bob > Blakely" <[EMAIL PROTECTED]> > Sent: Sunday, November 25, 2001 6:44 PM > Subject: Taxes (Re: Depreciation of assets) > > > > You are correct! I am curious, Bob, how did you figure this out? > > > > It is the big secret we are not supposed to know. > > > > I figured it out back in the sixties when I did something unthinkable. I > > found out as best I could what the taxes were in this country; federal, > > state, and local (I am sure I missed some as that information is not in > any > > one place where it is easy to find). I compared those figures to the > gross > > national product for the year. That came out to 72%. That is of every > dollar > > spent in the US in 1966, 72 cents was taxes. How could that be? > > > > I thought about it for awhile and finally realized that we had to be > paying > > taxes no one told us about. Some further thought told me that the final > > consumer of any product pays every cent of tax collected on that product. > > For instance; when you buy a loaf of bread you pay the seed sale's peoples > > tax on it, you pay the farmer's tax on it, you pay the flour mill's tax on > > it, you pay the baker's tax on it, you pay the store's tax on it. Yes they > > give the money to the government, but then they add it to the price of the > > goods; so it is passed on down to the guy who eats the bread. All those > > business are tax collectors not tax payers. Let me repeat that for those > who > > didn't understand. > > > > CORPORATIONS ARE NOT TAX PAYERS, THEY ARE TAX COLLECTORS, . > > > > > > --graywolf > > ------------------------------------------------- > > The optimist's cup is half full, > > The pessimist's is half empty, > > The wise man enjoys his drink. > > > > > > ----- Original Message ----- > > From: Bob Blakely <[EMAIL PROTECTED]> > > To: <[EMAIL PROTECTED]> > > Sent: Sunday, November 25, 2001 11:58 AM > > Subject: Re: Depreciation of assets > > > > > > > Ignorance concerning taxes is appalling. Harboring the idea that > > > corporations actually pay any taxes levied upon them shows lack of > > critical > > > thinking about the subject. All corporations require net net profit > > (profit > > > after taxes on net profit) in order to survive, design and build new > > > products, modernize facilities, replace capital equipment (the costs of > > > which are never fully covered by depreciation), pay for cost of money, > pay > > > rising costs associated with labor, etc. Taxes are an expense, like all > > > other expenses of business, that _must_ be passed on to customers > through > > > higher prices. Unlike the US income tax, this passed on tax is not > > > progressive. The poor pay the same corporate tax (in dollars) on a can > of > > > beans that the rich do. When you buy a product, any product, (can of > > beans?) > > > you may think that the only tax you pay is the sales tax. Wrong! You pay > a > > > portion of the corporate taxes of the company that produced it; the > > company > > > that advertised it, the various companies that supplied the materials > that > > > produced it, the company that shipped it to the store where you bought > it, > > > the company that produced the gasoline that you used driving to the > store. > > > All wealth comes from production. Who does the producing? You do. The > > > workers in the company do. Taxes are an exaction from the production of > > > individuals. The government has simply instituted a way of exacting > taxes > > > from you, from your production, without your daily conscious awareness > of > > > it. > > > > > > Corporations raise capital to build and expand business by selling > stock. > > > This stock is bought and sold based on investors expectations on the > > ability > > > of the company to grow. This growth provides the primary source of funds > > for > > > various forms or retirement for individuals, whether through individual > > > accounts or through corporate pensions or through savings. > > > > > > No, I'm not a rich man or corporate executive. I'm just a common working > > man > > > like many of you. I'm just aware of who really pays what and who really > is > > > hurt by what taxes. > > > > > > Regards, > > > Bob... > > > -------------------- > > > "Let us contemplate our forefathers, and posterity, > > > and resolve to maintain the rights bequeathed to us > > > from the former, for the sake of the latter. > > > The necessity of the times, more than ever, calls > > > for our utmost circumspection, deliberation, fortitude, > > > and perseverance. Let us remember that 'if we > > > suffer tamely a lawless attack upon our liberty, > > > we encourage it, and involve others in our doom.' > > > It is a very serious consideration that millions yet > > > unborn may be the miserable sharers of the event." > > > - Samuel Adams, 1771 > > > > > > > Frantisek Vlcek wrote: > > > > > > > > > Awful! Look at a better model: in Vietnam, AFAIK, taxes are not > > > > > extracted from individuals but from corporations. To NOT tax > > > > > corporations is just awful. The simple most externality producing > > > > > entity, a big corporation, doesn't pay for the externalities it > > > > > produces. That's immoral. > > > - > > > This message is from the Pentax-Discuss Mail List. To unsubscribe, > > > go to http://www.pdml.net and follow the directions. Don't forget to > > > visit the Pentax Users' Gallery at http://pug.komkon.org . > > - > > This message is from the Pentax-Discuss Mail List. To unsubscribe, > > go to http://www.pdml.net and follow the directions. Don't forget to > > visit the Pentax Users' Gallery at http://pug.komkon.org . > - > This message is from the Pentax-Discuss Mail List. To unsubscribe, > go to http://www.pdml.net and follow the directions. Don't forget to > visit the Pentax Users' Gallery at http://pug.komkon.org . - This message is from the Pentax-Discuss Mail List. To unsubscribe, go to http://www.pdml.net and follow the directions. Don't forget to visit the Pentax Users' Gallery at http://pug.komkon.org .
