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Old 10-14-2011, 01:09 PM   #384
Resolute 14
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Quote:
Originally Posted by woob View Post
Oh, I see you edited your post.

Bottom line, if you're happy with the status quo, then you're correct. But that's what people are protesting. They're saying no more status quo. I'm tacking the responsibility of changing the status quo on both the corporation and the government.

Are we starting circle number 6 or 7 of our debate? I lost count.
The irony of your arguments are that the companies who use loopholes to avoid taxes do so to drive up profits. That in turn drives up share prices, which is good for shareholders. Who are shareholders? Well, you and me. Even if you don't play the market, your RRSP or 401k plan does.

That is not to say that big changes aren't needed, or that these companies should be allowed to short the government on taxes. There very clearly needs to be reform in the US, and likely Canada too. But, the people protesting for change need to realize that there will be consequences, many of them unintended, that will impact everyone.
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