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THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 4808248:MV8xNTc4NDI2XzI4MzQzMDg2XzdGREM4NTc1] [quote:SmartestOne:MV8xNTc4NDI2XzI2MDg4MzI1X0RBMjZFMUVG] 01:45 BULLSHIT! There is [i][b]no such thing[/b][/i] as corporate income taxes. That is because companies merely pass their tax "expense" onto their customers/consumers. [/quote] Right on. Most people can't, and will never grasp this concept. Taxing the rich and corporations will solve nothing as this hardship will be passed on to the working class in the form of unemployment and high prices. The wealthy are not the problem infact they are some of the more vital and responsible parts of our functioning economy. If all the rich people in the world were to hand over there wealth to the working class, the world would be a much worse place. Inflation would sky rocket with a slew of irresponsible spending. In the end the average person would have no more purchasing power than they do today, they would just have more money. [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
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