Meanwhile, smaller businesses that are struggling don't pay corporate taxes, so tax cuts do nothing for them. And small businesses that make modest profits only pay modest taxes, and don't care.
On the other hand, the giant monopolistic corporations that are chewing up small businesses, destroying local and regional retailers, take those tax cuts and use them to turn themselves into even better small-business-destroying machines.
For example, the giant Wal-Marts are destroying local and regional retailers. But it is the Wal-Marts, not the local and regional retailers that are the beneficiaries of tax cuts. This is why the "usual suspects" who get their campaign funds from the giant companies, and work with lobbyists for the largest corporations are the same ones who always advocate corporate tax cuts.
Businesses Need Customers Not Tax Cuts.
It's the Wal-Mart customers, not Wal Mart, who are "destroying local retail". Please call on those benighted poor folks and tell them to buy stuff at a place that is more expensive and has fewer choices. You will get some choice answers from the proletariat.
Many of California's taxes are not paid out of profits, but are added costs of doing business in our state; things like abnormally high workers' comp premiums and utility costs. Yes, let's get rid of the remaining successful businesses in California. That way we can all work for marginal or money losing outfits that provide far more job secirity and chances for advancement.
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