Mcdonalds is probably the single most profitable restaurant in world history.



They can't afford their own advertising?

Got to go tonight Tailgater. I have enjoyed the sparing.

Spiny, do you believe corporations would pay taxes? Actually pay them by lowering their profits? Or do you believe they would raise their prices a commensurate amount? Who would pay in the end?

True Robby.. There are two ways to pay.

With this method however I don't have a choice but to pay. (Through my taxes.)

At least with them upping the price of the product, I can choose whether or not I think it's worth it.

I prefer freedom of choice.

Here's how I view it. Corporations should be allowed tax breaks on operating expenses. i.e., a trucking company buys 30 trucks. They amortize them over 3 or 5 years. At the end of this time, they are fully amortized, they can sell them and buy new ones and amortize them. The trucks manufacture benefits because they sell more trucks, so they hire more people. Those people buy more goods, more goods means more trucks are needed to ship the goods, so the trucking company buys more trucks. In the mean time, all of those gainfully employed individuals from both companies are paying taxes. Revenue increases... It’s capitalism my friend, simple, efficient, and powerful.

Where it gets screwed up is when people try to make fiscal policy (taxes) to benefit their constituents. I.e., tax the rich, feed the poor, until there are no rich no more. Grow the economy, give the poor jobs, don’t give them money, give them jobs!