Signs of the Times - and a question

[ebacon]

Originally Posted by piece-itpete

I know someone who says, if everyone is taxed individually then there is no reason to tax business at all.

It actually makes sense.

Pete

No it doesn't.

Taxing an artificial entity encourages management to pay more to employees. Of course nowadays they often pay more to upper management and less to rank and file, but that's because income taxes are now lower on upper management and they get to keep more of the money. The laborors end up taking it from behind while Rush Limbaugh humps their ears and tells them to protect management. Half the laborers end up having an orgasm and spewing sperm out their mouths that gives birth to even lower taxes for management. Rinse. Repeat.

There is more to taxes than the revenue stream. Taxes are also used to provide a disincentive to activities that are bad for the community. We often forget this.