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US businesses don’t succeed in spite of government. They succeed because of it.

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 05:53 AM
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US businesses don’t succeed in spite of government. They succeed because of it.
http://www.csmonitor.com/Commentary/Opinion/2011/0719/US-businesses-don-t-succeed-in-spite-of-government.-They-succeed-because-of-it

New York

While big business whimpers about high statutory tax rates, the effective tax rate paid by most corporations in America is often far lower than most other developed nations (thanks to loopholes and accounting tricks). Meanwhile, corporate tax receipts accounted for 30 percent of US federal revenues in the mid-1950s. In 2009, they made up just 6.6 percent of federal revenue streams.

In other words, not only are big corporations funding a smaller percentage of our shared social safety net, they’re paying a smaller percentage into funding the future infrastructure that they desperately need.

Imagine if big business got its way and corporate taxes were slashed even further. How would businesses suffer?
What would Oprah and Henry Ford have done?

Imagine if, when Henry Ford wanted to start the Ford Motor Company, he had to not only drill for oil himself but also oversee the laying of pipelines and production infrastructure across government-owned land so his cars could have gas to make them go. And when the American auto industry was expanding in the 1940s and 50s creating jobs throughout the nation, imagine if Chrysler and General Motors had to not only build their own factories and assembly lines but actually plan and construct the roads and interstate highways for cars to drive on.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 06:07 AM
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1. That may be true for big business. For small business, the opposite is true.
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