Quote:
Originally Posted by bluedog
Thats nothing compared to the 10 'TRILLION' dollars wasted on the war on poverty, the longest running war in US HISTORY. At least with corporate welfare there is the "possibility" of recouping some of the expenditure in the form of taxes and employment opportunities. And you speak as if a "tax cut" is some kind of loss. How can you lose something that belongs to someone else in the first place? This game has been going on for centuries with organized crime, in the old protection racket...there is no difference in the fact that a "beak" is being dipped into the product of someones labor. I believe there was actually a war started by someone for just such practices in the past...oh yea, a little conflict called the American Revolution. BD
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There is no proof that Corporations reinvest to create jobs based on the amount/percentage of their corporate welfare subsides the poor and middle class pay with our taxes. If you have proof please show it. Also, since the war on poverty stared in the 60's and has cost 10 Trillion dollars (as you claim), then Corporate Welfare subsidies since the 60's has as cost in the 10's of trillions of dollars as well.
Lastly, you may believe that the money Corporations generate solely belongs to them! However, if you base this on how "WE" all pay taxes for using the "Commons"....that is, ordinary people just use the commons to drive on the highways; corporations send fleets of trucks. Ordinary people may get a bank loan for their mortgage; corporations borrow money to buy whole companies.
Ordinary people rarely use the courts; most of the courts are used for corporate law and contract disputes. Corporations and their investors - those who have accumulated enough money beyond basic needs so they can invest - make much more use, compound use, of the empowering infrastructure provided by everybody’s tax money.
The wealthy have made greater use of the common good - they have been empowered by it in creating their wealth - and thus they have a greater moral obligation to sustain it. They are merely paying their debt to society in arrears and investing in future empowerment.