Off-Topic: WW, I give up

Lake Martin Topics

(Lake Martin Specific)

111,170 messages

Updated 5/28/2024 5:46:58 PM

Off-Topic

Lakes Online Forum

83,644 messages

Updated 5/28/2024 9:14:08 AM

Boat Maintenance

Lakes Online Forum

5,193 messages

Updated 4/3/2024 3:47:36 AM

Lake Martin Fishing

(Lake Martin Specific)

4,170 messages

Updated 5/28/2024 5:21:13 AM

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,261 messages

Updated 5/28/2024 6:31:10 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Lake Martin SCUBA

(Lake Martin Specific)

169 messages

Updated 5/31/2023 1:39:35 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	MartiniMan -
	Subject:	WW, I give up
	Date:	11/4/2008 4:28:49 PM

I guess my main point is that companies are in business to grow revenue and profits and that any taxation has an adverse impact on the ability of those companies to do so. Reasonable people can argue about what is an appropriate level of taxation and I suspect you would be more comfortable with larger numbers than would I. That part is OK because that is just an opinion. As long as we agree that it does have an impact on business then I don't have any qualms with you having the view that more is better, or at least more is acceptable. I simply don't agree with your opinion but as the old saying goes, opinions are like a certain part of anatomy, everyone has one.

On a macro scale the United States already has one of the highest corporate tax rates in the world. I am of the opinion that this is one of many factors that cause jobs to go overseas (along with the cost of labor, regulations, currency issues, etc.). It is certainly not the only factor, and may not be the biggest factor. But it does have an impact that I think is counterproductive and given our already high level of taxation why do we want to make our businesses less competitive?

And I keep wanting to go back to my point that the consumers, not corporations, pay taxes. We simply pay more for the goods and services in order for the corporation to pay higher taxes. Now you could argue that the shareholders will just have to accept lower profitability so the corporation does not have to pass the increased costs onto the consumer. Unfortunately, as you know from your experience in business it doesn't always work that way. In any event, every single penny that runs through a corporation comes from the customer, taxpayers like you and me, so any increased cost of a corporation that they can pass through to the customer they will.

Part of what is frustrating to me is I know you know this which makes it all the more mystifying to me to try to defend Obama's tax and wealth redistribution approach. Perhaps these are not threshold issues for you and others drive you that way or maybe I have it wrong. In either event, you cancelled my vote and I cancelled yours so there!