[cdtracing]

First of all corporations don't pay income tax. It is past along to the consumer in tie price of the goods or service provided. So when the business no longer have to pay the income tax the cost of doing business goes down.

The argument now is, "Now the greedy corporations will want to keep all that profit". What you are not considering is the "free market". Other people who also provide the same goods/service will lower their price to gain market share, in effect, a price war. Hence lower prices to the consumer.

It's free market economics pure and simple. Market competition creates lower costs for the consumer.

Chris

[Always Right]

It's free market economics pure and simple. Market competition creates lower costs for the consumer.

The last time I checked we already have a free market and market forces keeping our prices low. This is really getting stupid.

[esoxmagnum]

Yes, I always love that "greedy corporation" statement I hear so much about.

Greedy Corporations cannot exist very long unless they are government protected or regulated. Free market pushes them out.

It is only through manipulating patent and trademark laws (ala Disney and drug companies) do "greedy companies" exist.

The laws are in place to end these monopolies, but they are overlooked and not enforced.

The lefts idea to end "greedy companies" is always more regulations, what we need are less regulations and an adherence to the trademark / patent laws that are currently in place.

Being able to hold a trademark or patent for 50 years is absurd.