I'm no big fan of GE, but my problem with them is their support of crooked liberal politicians, and the fact that they managed to get themselves “reclassified” as a “bank” in order to get bailout money. But that's a whole other discussion.
My main points are twofold.
Taxing business does more harm than good.
Our problems aren't the result of anyone paying “too little” in taxes, they are the result of “too much government” which cripples business, provides too much opportunity for “special interests” to buy favors, and takes away everyones freedoms.
How did we get from a Government that functioned on 6 percent of GDP, while fighting WWII, to one that eats up 25 to 30 percent of GDP?
“How did we get from a Government that functioned on 6 percent of GDP, while fighting WWII, to one that eats up 25 to 30 percent of GDP?”
Sorry, I agree with the sentiment, but you’re mistaken. The U.S. spent more as a % of GDP during WWII than any time before or after.
(Not the best chart, but gets the point across).