Here is a good read about what has happened to the national debt since
the Neo-conservatives took over the Republican party; yet most people
still think Democratic "Liberals" are the financially irresponsible
party. LOL The Neo-conservative have done a better job of labeling
Democrats as big spending "Liberals" using Machiavellian tactic to
criticize and attack the"Liberals" for being the very thing they
themselves are.
The big difference is the Democrats advocate spending for things that
are good for the country like social security, health care, a clean
environment, etc, while the Neo-conservative Republicans advocate
spending on preemptive war, terrorism, military buildups, and closer
surveillance/spying on the general population.
http://www.cedarcomm.com/~stevelm1/usdebt.htm
Regards,
Leland
richmondeagle At comcast D.O.T net wrote:
>> Hummm, at least you qualified your statement, so your thinking a little
>> more about the concepts. If a corporation passes the tax, or tax
>> increases, on to the consumer, then what about the business that is not
>> incorporated, (eg a sole proprietor or partnership), where all income
>> and expenses are pass through the the individual who pays the tax on
>> income from his businesses on his form 1040. Are these personal taxes,
>> or personal tax increases also passed through to the consumer who
>> purchases good and services from the sole proprietor or partnership, and
>> if so isn't the individual passing such taxes, or tax increase, back to
>> himself? It kind of reminds me of the sprint commercial where the CEO
>> is taking to a junior executive about abusing the company phones:
>>
>
> First of all, as you should know, a corp is a separate entity and it's taxes are an expense. For the sole proprietor, the taxes he must pay are still factored into his cost of doing business. I know this is not the academic/government response, but it is the real world... something the academic/government community is too far removed from to understand.
>
> Larry Miller
>
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©2007 Leland F. Jackson, CPA |
