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%%[_2_] %%[_2_] is offline
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Default OT. About 1/3 of Americans' Income Come From Government



"Larry" wrote in message
...
On 5/1/21 12:11 AM, %% wrote:


"rbowman" wrote in message
...
On 04/30/2021 04:33 PM, Frank wrote:
On 4/30/2021 4:49 PM, Dean Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government



I note that big business tends to favor big government as that is where
the money is.

Government has always served to protect the interests of the wealthy.


Biden clearly isnt doing that with his higher tax rates on the wealthy.


If you raise taxes on Walmart and Amazon,


Biden isnt doing that, essentially because those operations can
and do trivially avoid paying income and capital gains taxes.

they'll both increase merchandise prices to compensate.


Increasing the tax that Bezos, Walton or Glass pay won't see
merchandise prices increased to pay for the increased tax if
any they end up paying.

So who do you think is the real payer of corporate taxes?


We arent talking about corporate taxes.