Quote:
Originally posted by fotze+May 17 2005, 06:19 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (fotze @ May 17 2005, 06:19 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-Hakan@May 17 2005, 06:41 PM
Corporations which have ALREADY been reaping windfall profits for the past 5 years without the tax cuts.
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And this is why I can't stand the liberal's. Even Paul Martin realizes that these corporations making these windfall profits (that ironically the liberal government takes all the credit for creating the jobs, healthy economy and low unemployment ) are pretty much a good thing for the economy.
Would you rather that these companies made shinguardty profits? What the fata kind of logic is that?
"DUH. If only we can force companies make less money, the jobs will pay more, there will be more of them and everyone will win" shinguard even the NHLPA doesn't think that stupid crap.
I hate CEO's making stupid money only because of the way they set their compensation as a shareholder i.e. Air Canada who loses money, but to think companies making money means you should tax them more is just ######ed. IT MEANS A HEALTHY COMPANY that will pay more taxes (percentages work funny that way), employ more people (that pay taxes) [/b][/quote]
One of the greatest misconceptions of the left is that corporations don't pay enough tax.
In truth they pay virtually no tax.
A company either passes the tax on to its customers or goes out of business.
I'm not suggesting there be no corporate tax, but you can raise it all you want, all you're doing is raising the taxes we pay as individuals. And corporations don;t give a rats ass what your income bracket is. If they have to add $2 a month to you bank fees to cover the tax they will, whether it's your last $2 or you've got thousands more.