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[–]JasonCarswellMental Orgy 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

As an economist, I can tell you that making the "corporations" pay taxes hurt only the poor, and the poorer you are, the more hurt you will be. The mechanics of this are somewhat involved, but it remains true. If you wish to discuss this topic in depth, let's open another thread.

There is certainly heavy truth to that but it's not the entire story. Yes, it is very complex. And there is a deep rooted culture of greedy exploitation at the top, with a modicum of pragmatism. To actually tax the rich, they would actually have to want to pay taxes and have goals and purpose in supporting the lower classes and their utility.

Subsidies can fill pockets, dramatically distort markets (with pros and cons to be exploited), and/or keep some industries, especially critical ones, alive when otherwise they'd die. Similarly too, a billionaire might intentionally let his corporation die without regard to all the employees, because he's got golden parachutes and other investments. Meanwhile, a millionaire might do what it takes to save his company by being fair to the employees, taking less profit for himself, etc. In the big ways that matter this "mid-level" millionaire thinking won't trickle up to the actual ruling class - so ultimately you are correct.

Thanks for the invite, but that's as deep as I want to get.