[lbo-talk] A Case for Working-Class Tax Cuts

[Michael Hoover]

>>> furuhashi.1 at osu.edu 02/17/06 10:31 PM >>>
the  
tax burden on workers has gotten heavier, and that is why they  
respond positively to the idea of "tax cuts."  That's the essence of  
the Republican (and to a lesser extent Democrat) bait and switch:  
politicians cut taxes on the rich while raising taxes on workers ->  
workers groan under a heavier tax burden -> workers desire tax cuts  
on them -> politicians promise tax cuts -> workers respond positively  
-> politicians again cut taxes on the rich while raising taxes on  
workers.  Politicians can repeat the same cycle nearly endlessly.
To break this cycle, we need to make a case for working-class tax  
cuts: cut taxes on workers and pay for the working-class tax cuts by  
higher taxes on the rich and corporations.
Yoshie Furuhashi
<<<<<>>>>>

stock-in-trade claim is that businesses do not really pay taxes, consumers
do, if this is correct (at least to some extent), isn't real issue which people
pay...

 
doesn't reducing corporate share of tax burden amount to subsidizing incomes 
of people who are among those with greatest ability to pay taxes, one result
is that burden shifts to those who depend upon wages and salaries for their 
livelihood rather than interest receipts, stock dividends, and asset growth...

why shouldn't corporations be properly subject to taxation based upon benefit 
principle as well as payment for operating private enterprises that depend upon
political state to protect property, enforce contracts, provide various services 
(roads, waste disposal, trash collection, education, etc.)...

corporations have relied upon high tariffs, land grants, direct subsidies, government 
loans and contracts, patent and trademark laws, legally considered monolithic 
individuals, they also receive advantages through joint stock ownership and limited 
liability without any promised public purpose as a condition for existence, shouldn't
they be taxed on such grounds...   mh