Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: notesfiles Path: utzoo!watmath!clyde!burl!ulysses!mhuxj!houxm!vax135!cornell!uw-beaver!tektronix!hplabs!hp-pcd!hp-sdd!tony From: tony@hp-sdd.UUCP (tony) Newsgroups: net.flame Subject: Re: Corporate Taxes Message-ID: <16700001@hp-sdd.UUCP> Date: Sun, 16-Sep-84 20:02:00 EDT Article-I.D.: hp-sdd.16700001 Posted: Sun Sep 16 20:02:00 1984 Date-Received: Wed, 26-Sep-84 02:40:24 EDT References: <947@trwrba.UUCP> Organization: Hewlett-Packard - San Diego, CA Lines: 61 Nf-ID: #R:trwrba:-94700:hp-sdd:16700001:000:2850 Nf-From: hp-sdd!tony Sep 18 16:02:00 1984 >> >> I've been seeing RED on Mondale's notion of raising corporate taxes. >> Where does he think the corporations *get* the money to pay >> their taxes? After all, they can't just print it like the government >> does. >> For those of you who haven't caught on, here it is: they get it >> from charging for their goods and services. Surprise! We, the >> consumers, pay it all in the end. Wonderful. It's too bad that so many liberals don't understand this simple concept that non-persons don't pay taxes, no matter what form they are in, only people pay taxes. >Time to get scared again folks. You can't really believe the government >just prints up money when they need. Well, maybe you can, because our >dear current president, Mr. Reagan also seems to think so. What scares me is you. Did you just wake up to politics or were you born yesterday. It is usually the Demos who use this strategy to solve all the problems. Jimmy Carter was notorious for this kind of behavior. The only way Jimmy and others could figure out how to promote growth was be increasing inflation by this very same method. >Time for a basic >economics lesson: A dollar is not a certain amount of money. What the >dollar represents is this nations total value in the world market today. >What happens is that when you put more bills into circulation is that >the GNP is represented by more litle pieces of paper, so that each >little piece of paper is worth less. This is known as inflation. *RIGHT* >What >Reagan has done by increasing the deficit IS practically like printing >money, except that we will supposedly held accountable for it. HOLDIT... how did you get to this conclusion. It doesn't even follow from your very own reasoning. By your statements, if Reagan has done this, then there would be high inflation. What happened to the inflation??? >In a >couple of years we will start to feel the effects, just in time for the >next, hopefully a more responsible president, to bail him out. How is raising taxes "responsible"? The trend is that our government increases its spending faster than inflation. Is raising taxes going to stop this? The only reason for answering "Yes" to this question is if you are going to stop this trend by increasing inflation faster than government spending! >I don't like paying taxes any more than you do, but I'm also realistic >enough to realize that there is no such thing as a free lunch. I just >hope everybody else does to before it's to late. I understand that enough to realize that you can't pay the bills by taking more money from the "rich" or the corporations without expecting to pay for it in the end either by higher prices or lower wages(comparitively). I don't want a free lunch, I just don't want to pay a lot more for a lot less! {ucbvax!hplabs,hp-pcd,hpfcla,hpisla}!hp-sdd!tony