Greedy Motherfuckers

 

This showed up on my Facebook page. I find the premise interesting. If the corporate tax rate is raised it is a foregone conclusion that those increased taxes must be passed along to consumers. These apparently poor struggling corporations will have no choice. Prices must be raised and costs passed along. Is it just me or does this appear to be a one way relationship? When corporate tax rates were lowered I don’t recall corporations passing those savings along to consumers in the form of lower prices. I don’t recall them giving workers pay raises or big bonus checks. I don’t even recall them hiring hundreds of thousands of new employees. How about those big corporations that in effect are not paying any federal income tax on the profits they are making? Do they raise prices based on taxes they are not paying? Some of these bastards have gotten creative. They didn’t raise prices. They kept the price the same and made the package smaller. Less toothpaste in the tube. Less potato chips or crackers in the package. 

The solution seems to me to be a minimum tax on all corporations and a wealth tax on the extremely wealthy. Corporations that make a profit should be required to pay taxes on that profit. Individuals with extreme wealth should pay a wealth tax. Poor or even average taxpayers should not be required to pay a higher percentage of their income in tax than the very wealthy. So these greedy motherfuckers need to pay their fair share just like the rest of us. I’m sure if you can afford to launch yourself into space you can afford to pay some more taxes.