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Does anybody know if any research done that shows if taxing Big Business will help or hurt the country?


The two opposing views go like this:

1. taxing big corporations will alow us to make more money, and at the same time reduce taxes that the middle class and poor pay.

2. Companies will simply leave the U.S. and we will actually lose revenue forcing us to tax the middle and lower classes even more than before, while raising the unemployment rate and forcing some employees to take pay cuts, and effect the quality of the product or service sold by these companies.

2 makes sense to me, but one is also possible, does anybody know if there is any actual proof either way?

Should we raise the taxes on coroprations, or keep them low to keep companies in America?
What does your Preferred presidential candidate support?

News Flash:

Big Business doesn't pay taxes, it simply passes them along to the consumer. So, raising taxes on companies simply means raising prices for consumers. The tax burden is shifted back to the people. When the taxes on a pack of cigarettes is raised $1, the prices goes up $1. When gasoline taxes are raised, the price of a gallon of gas goes up.

There ain't no such thing as a free lunch, as the saying goes.

Edit: Thumbs down for stating the obvious? Heh.

Big coporations are not the evil exploiters of the proletariat!
They employ big numbers of people and provide those people with a way to make a living.

Big corporations are also not owned by scrooge type tycoons either. They are owned by people like me and you.
If you have a retirement fund you are one of the owners. Retirement funds by stocks of major corporations. The mutual funds owned by most Americans as part of their 401 hold stocks from thos corporations. Who owns the big bad oil companies that are making huge profits?...you and me!

Three things drive businesses out of their home towns, out of the industrialized states, and out of the country.

#1. High taxes (federal, state, and local).
#2. Highly restrictive government regulations (federal and state OSHA, EPA, MSA, and other safety, environmental, and zoning regulations.
#3. Militant unionism.

We have almost no foundries, our steel mills are dead or dying, our auto plants are failing, we haven't built a new oil refinery in over 30 years and have no plans to do so, and you had just as well forget about any new coal-fired or nuclear power plants, or plants for conversion of coal to motor fuel. All we're interested in is free handouits, not work.

Better start doing something about it. Call or write your Congressman and Senators. Otherwise, last person out of America, please turn out the lights.

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