From: utzoo!decvax!genradbo!mitccc!zrm
Newsgroups: net.politics
Title: Re: greedy??
Article-I.D.: mitccc.225
Posted: Tue Dec 14 22:10:28 1982
Received: Wed Dec 15 19:43:50 1982
References: cires.1966

The taxing of organisations, like corporations, clubs, societies, etc.
is a very inexact science. General Motors gets a lot of benefit from the
goverment and should pay for it somehow. Should the investors pay this
through a tax on corporate profits? Usage fees that would be part of
operating costs? Should companies that are losing money pay these usage
fees too? Are taxes on profits in effect subsidising badly run
companies? A tax on capital gains?

That "The Nation" should feel that faceless corporations should pay more
is not at all surprising. If you want to read a rag that very clearly
echoes old fashioned Soviet capitalist-bashing retoric, pick up a copy
of "The Nation". Its a whole lot cheaper than a shortwave set for
listening to Radio Hanoi, and almost as much fun.

The fact is that even though corporations pay less now than they used
to, the may still be paying too much. And it is certain that the wrong
corporations are paying. Bailing out Chrysler, guarenteeing loans to
Mexico and Comecon countries, paying rich farmers and agribusiness
companies not to grow tobacco & etc. is draining money away from companies
that actually produce goods that make us materially richer. The
subsidisation of bad banking practice is particularly dangerous in these
times.

But, since nobody here is a corporation, it would be very easy to let
Them pay for Everything. Particularly since They are Running Dog
Opressors of the Working People.

On the other hand, if we all felt the pinch of goverment spending
directly as a chunk out of our income, we'd all be a lot more concerned
about how *our* (We the people's) money is being pissed away.

Cheers,
Zig

P.S. If you want to see something really strange, that is Lester Thurow
defending a Reagan policy, pick up this week's Newsweek.