Corporate Guys Vs. Government Guys

When I see Congress hold hearings in which they excoriate heads of corporations, I can’t help but think that we are all going to be hurt. Yes, many corporate executives are greedy—as are most of the general population, but politicians love to beat up on corporations for their own greedy political gain. Problem is: corporations are major employers; you hurt the employer, you hurt the employee.

Same thing with taxes. Congress loves the so-called corporate tax, but corporations don’t pay taxes; customers of corporations pay those taxes. Take Walmart, Inc. for example: the government charges Walmart, Inc. corporate tax. Walmart books that tax as an expense, marks it up 30% (or whatever their profit margin is) along with their other costs and passes it along to the consumer. Walmart customers pay those so-called corporate taxes, and then some.

Corporate guys are smarter than government guys. Congress beats up on corporations and we are the ones who pay the price.

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