Re: U.S. Distribution of Wealth Now Worse Than Banana RepublicsNov 9th, 2010
even disagree with that. Inventors themselves are often not caught up in the profit
world, there's is a totally different world altogether. Bill Gates, is a prime example.
He spent his time inventing and improving and being the front man, the bean counters
did the business model details. Someone has brought up the point that the international
moguls don't pay their fair share of taxes and they have been getting the breaks.
Interesting, these international companies are playing games with governments all over
the world and they play one off against another. Governments must work together to
close the loopholes.
Business can't go about pressuring governments to reduce social services and cut taxes
and crying there is no free lunch while at the same time exempting themselves from paying
their fair share to ensure the society from which they derive their profit, stays healthy.
The fact is they can't have it both ways. Personally I believe we should all pay something
and yes that includes the poor. It would do two things. One it would establish that all are
participating in the financial obligation to the country.
I am not upset that business and others are getting tax breaks, I just believe we have now
moved the financial goal posts to far, and no one group should be given a massive tax
holiday, especially since much of the recent economic havoc was created by the very
business groups we are paying to clean up after.