Re: Final Challenge to Socialists

Terry Donaghe (
Mon, 14 Dec 1998 09:48:34 -0800 (PST)

---Josh Glasstetter <> wrote:
> >Also, governments can exist just fine with very little or no
> > Look at the US up until 1913 or so. Hell, look at the US up until
> >the early 60's. I think families paid less than 10% of their income
> >in taxes up until the Democrats decided to create a Welfare State.
> absolutely not! the reason working families pay so much is because the
> share of the tax burden funded by corporations has decreased from
> 40% to 10%. they've bought off enough politicians over the years to
> themselves from countless taxes. so while the standard of living for
> average American has stagnated, and decreased in many instances,
> corporations are pulling in record profits and are receiving more in
> government welfare than individuals. and how did this happen? a
> few running unchecked in a ruthless battle to the top, stepping all
> the American public in the process.
I'm sorry, are you implying that profits are bad?

The only type of true corporate welfare are grants given to businesses by the government. All tax decreases are in effect price decreases for consumers. You seem to imply that there is some fair share of the "tax burden" that corporations should take. That's silly. All income taxes that the government imposes on corporations are passed to consumers as price increases. Corporations pay no income tax.

Terry Donaghe:
Individual, Anarcho-Capitalist, Environmentalist, Transhumanist, Mensan

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