General Discussion
In reply to the discussion: Tea Party voters in my town are pretty sick of the Tea Party. [View all]Johnny Ready
(203 posts)Maybe I am seeing this wrong, 100 truck drivers paying 5,000.00 per year income tax each. 100 trucks buying 100,000 gallons of diesel per year generating .06% sales tax on the fuel, not too mention the income tax the fuel company will pay. Then we have the corporation paying taxes, and finally the owner. If each of the employees make 50,000.00 per year we have a corporation infusing 5 mill into the economy each year to be spent on housing, clothing and food all of which will have a sales tax, which turns the economic machine.
Should the corporation be held responsible for the environmental impact, sure. But to restrict this type of entrepreneur leads to less jobs and more people in the system. The answer is better use of the taxes collected from business owners and employees, less waste, more actual improvements.
the math
500,000 income tax generated from 100 employees
.06% sales tax on 100,000 gallons of diesel - 4.00 per gallon = 24,000.00
Fuel company income tax and sales tax
100 employees spending their wages in the local economy at 50k per year generating 5 mill in revenue.
Maybe I am seeing this wrong as I said, but I cannot see the mathematical logistics of your point.