On Sat, 1 May 2021 07:02:21 -0400, Larry wrote:

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


If you raise taxes on Walmart and Amazon, they'll both increase merchandise prices to compensate.
So who do you think is the real payer of corporate taxes?
If they raise their prices the "little guys" will be able to
under-cut them - which will force them to lower their prices and
settle for lower profits.