"The house we hope to build is not for my generation but for yours. It is your future that matters. And I hope that when you are my age, you will be able to say as I have been able to say: We lived in freedom. We lived lives that were a statement, not an apology."


Sunday, August 21, 2011

RE: ‘Corporations are People’

Mitt Romney arguing as he did that "corporations are people too" is as true as it is politically tone-deaf. The best argument against over-taxation of corporate America is not a kind of sympathetic declaration you'd expect to hear from Barney the Dinosaur – I seriously doubt "corporations are people too" will make the hearts of that many Americans bleed.

This is a bread-and-butter issue and should be presented as such. The dispositive argument is that whatever taxes you levy on corporations, they are not the ones that will ultimately pay them: individual Americans will. A greater tax burden will cause businesses to cover that cost by passing it on to the consumer in the prices they charge for their goods and services. Higher corporate taxes mean one thing and one thing only: higher prices on American consumers. Taxing corporate American only hurts Middle-America.

If Governor Romney wants to marshal public opinion against taxing corporations more than we do already (as he should), he should make this simple point, emphasizing that taxing corporate America more only makes corporate America the federal government's tax collector.

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