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To: fr_freak; ancient_geezer
I don't think you realize that we, individual taxpayers, already pay for every tax dollar levied from corporations. The tax is simply another expense that is passed on to the consumer.

I wish I had a dime for every time I heard that lame argument. You are telling me the United States is a corporate monopoly? That what you say is inevitable and that change and competition and under pricing don't  exist?

I could care less if corporate profits are double taxed. This was also the way it was in the 1950s 1960s, back when US corporations paid a greater share of Federal taxes and America prospered. And the Federal tax burden of individuals was smaller.

21 posted on 07/05/2004 5:20:58 PM PDT by dennisw (http://www.prophetofdoom.net/)
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To: dennisw
I wish I had a dime for every time I heard that lame argument.

Well, then, post a valid argument against it, instead of ranting and raving like a lunatic. Maybe you'll convert me.

I could care less if corporate profits are double taxed. This was also the way it was in the 1950s 1960s, back when US corporations paid a greater share of Federal taxes and America prospered. And the Federal tax burden of individuals was smaller.

Of course the federal tax burden of individuals was smaller - we didn't have half the BS social programs and other assorted pork we have now. But don't kid yourself for one second into believing that if the tax burden on corporations were increased, that the burden on individuals will decrease, or even remain the same.
26 posted on 07/05/2004 7:16:06 PM PDT by fr_freak
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To: dennisw; mhx; ancient_geezer
I could care less if corporate profits are double taxed. This was also the way it was in the 1950s 1960s, back when US corporations paid a greater share of Federal taxes and America prospered. And the Federal tax burden of individuals was smaller.

The tax code was significantly different in the 1950s and 1960s. Among other things, you didn't have Subchapter S corporations. These are small businesses that are taxed at the individual rate, and their revenues are treated as coming from individuals for all purposes.

35 posted on 07/06/2004 5:40:35 AM PDT by Poohbah ("Mister Gorbachev, TEAR DOWN THIS WALL!" -- President Ronald Reagan, Berlin, 1987)
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