Can We Just Be Honest

One more thing that could be done to really stimulate the economy would be to greatly reduce, or even fully remove, the Corporate Income Tax. I know, some of you just fainted, but hear me out. I know that our Government and Media love to vilify businesses, especially big corporations, and want to make you believe that if we don't tax them to the max, then they are not paying their fair share, and the big, evil corporation is getting away with something.

Now, I'm not a Corporatist, but let's just look at this as a practical matter. Corporations don't pay taxes, oh they do in a literal sense, but not in a practical sense. Employee's pay those taxes by way of lower wages and decreased benefits, and sometimes even job loss, or in potential employee's not getting hired. Also, customers pay those taxes by way of higher priced goods and services. Further, all taxpayers are left to pick up the bill when Corporations decide that the Corporate Income Tax is too oppressive and pack up and move overseas.

Many people want to find a way to punish Corporations who have moved operations off shore, or to find a way to force them to come back to the US, but this can never work. For one, our system simply isn't set up that way, and two, if they can't make money here then they are simply going to close down operations here, and if they open as a new company overseas, well there really is nothing that can be done to them in any event.

The solution, of course, would be in elimination of the Corporate Income Tax. Corporations would be tripping over each other to try to get operations going in the US. They would love to take advantage of the exceptional productivity of the American Worker, if only the Government would get out of the way and allow such a thing to be viable.

On so many levels the Government has created the current crisis, and only by stepping back and getting out of the way can it be fixed. Unfortunately the Government is doing the exact opposite, forcing themselves deeper and deeper into the economy, and trying to run and regulate more and more of it. What we are seeing now is not a plan to recover from an economic crisis, but rather a plan to greatly increase Government size and power. If you realize this, react, get geared up to get some good Conservatives elected in 2010, and if you don't believe me, then just watch what happens, sadly, I'll be proven right in the end.