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Reply #25: Well put [View All]

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primavera Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-18-04 12:52 PM
Response to Reply #12
25. Well put
Small businesses pay the majority of taxes because the big corporations route their mail through their "official headquarters" PO Box in the Cayman Islands in order to escape having to pay taxes. Repukes love to claim that big business pays the lion's share of taxes in the US. But a more illuminating look would be at the percentages. Since the big corporations own 90% of the wealth in the country, they bloody well ought to be paying the lion's share of the taxes. If you own a $10 million mansion, do you not pay, and appropriately, more property tax than someone living in a $25,000 studio condo? Yet, although these behemoths own 90% of the wealth, they are paying far less than 90% of the taxes thanks to the ingenuity of unscrupulous accountants. Indeed, as a percentage of their wealth, they are paying far less in taxes than you are paying as a small business owner, even though their total dollar payments are undeniably greater than yours. As the percentage they pay drops, the percentage you pay goes up. You really sure you want to defend that state of affairs?
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