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Path: utzoo!watmath!clyde!burl!hou3c!hocda!houxm!ihnp4!ihuxe!rainbow
From: rainbow@ihuxe.UUCP
Newsgroups: net.flame
Subject: cyclic logic
Message-ID: <854@ihuxe.UUCP>
Date: Thu, 20-Sep-84 14:59:01 EDT
Article-I.D.: ihuxe.854
Posted: Thu Sep 20 14:59:01 1984
Date-Received: Tue, 25-Sep-84 19:46:17 EDT
Sender: rainbow@ihuxe.UUCP
Organization: AT&T Bell Labs, Naperville, IL
Lines: 35


>> 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?
>> ...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.

>OK, now for the bonus question:  What is the basis for the taxes?  I'll
>give you a clue:  If you don't make any money, your business doesn't pay
>any corporate taxes.  Yes, it's based on profits.  

What I see here is the classic case of cyclic reasoning. Taking what I just
read here one step further, when there are no profits and companies aren't
paying corporate taxes, the government must once again raise taxes to retain
its high standard of living. It's a never ending loop. Soon we'll all be
paying nearly 100% in taxes. Makes me wonder if democracy is doomed to
failure. Remember, in our early years of independence, there were no taxes.
None whatsoever. Thats what our fight for freedom was all about. Now look at
what we have. Extrapolate for the future. Depressing, isn't it?

BTW, if no one has any money to spend, just think what will happen to our
economy. Not a pleasant thought. Thats why in Carter's administration(whose
policies Mondale and the democrats want to continue, not having learned their
lesson the first time) our economy was in sad shape. Inflation spiraling
upwards, unemployment, high interest rates, etc. And I still remember the
democrats claiming that there is no way the policies of the present
administration would solve those problems. Wrong. But now the democrats
are finding other things to nitpick about. There is always something.
Its all very silly. I for one think the present administration has done
a very reasonable job. Everyone has faults though. But I'll take them
with a grain of salt. I really think things are a lot better now than four
years ago. I don't want to see a return to that state.

Robert