To: Jim Cane
I agree with removing Federal corp income taxes, and revisting those sad court rulings that made corporations rebels against their masters, We are the masters of corporations for through our state covenrments we grant them their *limited* charters. Coprorations are not individuals, they are fiats of the state -- in the US the state is an merely the agent of the People, and the state in chartering and policing the corporations MUST -- by all that is honest and right by the laws and duties of agency -- act in OUR interets.
When a CORPORATION is the employer, it is OUR DUTY to hold it to act compatibly with and sometimes IN our interests, even if against its own to some bearable degree. Neal Boortz's logic "we don't own our jobs" applies only to sole proprieterships and partnerships unprotected by such Charters -- once a company of people seeks the protection of the state from liability, etc, and petitions for a corporate or LLP charter -- by golly, it is OUR DUE REGARD to demand that such a protected entity make our welfare its interest as well as its own, for it is WE when grant it the protections and rights accorded the corporate charter.
87 posted on
02/18/2004 8:12:47 AM PST by
bvw
To: bvw
We are the masters of corporations for through our state covenrments we grant them their *limited* charters. Coprorations are not individuals, they are fiats of the state -- Yes, the free trade uber alles crowd keeps forgetting that. The granting of the suffix ".inc" entails responsibilities for the recipients above and beyond shareholder profits.
94 posted on
02/18/2004 8:25:47 AM PST by
Jim Cane
To: bvw
"I agree with removing Federal corp income taxes,..."
Going to a consumption tax would certainly help level the playing field with respect to the handicap that our producers operate under in many of the world's largest markets - including our own. It is unconscienable that we handicap our own producers in our own market vs their international counterparts, but thats a gripe for another thread.
Although switching to a consumption tax system would help make US labor more competitive by removing the tax burden, I don't see that as being enough to offset the huge labor cost differential. Therefore, as much as I support the need for Fundamental Tax Reform (FTR), I don't see it helping out in the area of outsourcing to any significant extent.
To: bvw
87- bttt - "We are the masters of corporations for through our state covenrments we grant them their *limited* charters. Coprorations are not individuals, they are fiats of the state -- in the US the state is an merely the agent of the People, and the state in chartering and policing the corporations MUST -- by all that is honest and right by the laws and duties of agency -- act in OUR interets."
178 posted on
02/18/2004 1:48:38 PM PST by
XBob
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