On Jan 9, 3:10*pm, "Eisboch" wrote:
"hk" wrote in message

m...

Eisboch wrote:

"hk" wrote in message
news:2_qdnco4o5RbOPrUnZ2dnUVZ_rfinZ2d@earthlink. com...

I don't think that is the way out. We need massive infusion of capital
to get the economy moving, and corporate America ain't spending it.

Why should they? * All they will do is become penalized via taxes.

Eisboch

Well, then, let them liquidate themselves so others who want to run a
business can fill the voids.

You have to be kidding. *Businesses survive, employ people, provide health
plans, and grow because they can make a profit. * Take that incentive away
and you get what we have now.

Eisboch

Harry doesn't understand the concept that the taxes have to be paid
for by someone. That someone is the end consumer. Let's take building
design. Let's say it's a Twinky factory. I have to pay taxes so I
charge the contractor more for my services. The contractor charges
Twinky Corp. more for the design/build of the facility. Harry thinks
that Twinky Corp will eat the extra cost, and they won't, they'll pass
it on to Mr. Consumer, no matter if he's rich, or dirt poor and just
wants a Twinky. Seems trivial, but not in the large scheme of things.
It'll happen over and over again to Twinky Corp. with the equipment
manufacturers, the raw material suppliers, everybody. And it ALL gets
to be paid for by the little old lady on SSI that lives on the corner
et al.