[lbo-talk] Kerry's Tax Cut Makes Me Wanna Ralph

Eubulides paraconsistent at comcast.net
Fri Apr 2 16:31:07 PST 2004


----- Original Message ----- From: "Doug Henwood" <dhenwood at panix.com>

I didn't say hike. I was wondering who paid corporate taxes in general - that corporations, being legal fictions, can't pay taxes, and that some real humans ultimately bear the cost, be they customers, shareholders, or workers. Like I also said, I found the CBO's half capital/half labor compromise intuitively appealing. Given the ambiguity, though, I'd rather rely on taxing rich people, who can't play games with transfer pricing or move their HQ to the Cayman Islands.

Doug

=================

Tangent time. The rich have *plenty* of devices for playing games:

http://www.step.org/showarticle.pl?id=689&n=8011

Shutting this stuff down will need a, um.........revo.............



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