by Jesus Alaniz
I listened to a group of folks complain that there are corporations who don’t pay any income taxes in Illinois. Rather than demanding that the people have the same freedom as the corporations they demanded that those corporations share in the same misery that has enslaved thousands of families & people and causing them to leave Illinois along with billions in taxable income.
We got our taxes done and we discovered that not only will we not get a refund this year, but will have to pay more in taxes this year and that we will probably have to pay even more in taxes next year despite a deep cut in our combined income. People yelling, screaming, holding up signs and protesting in mobs demanding that corporations pay their fair share in taxes will not help my wife and I one iota. In fact, it will only give the politicians more money to waste or buy votes with. One source states that “the United States has the third highest general top marginal corporate income tax rate in the world at 39.1 percent, exceeded only by Chad and the United Arab Emirates” while the worldwide average is 22.6% so why would anyone want the government to tax companies even more? In the 1819 United States Supreme Court case McCulloch v. Maryland, Chief Justice John Marshall stated “…the power to tax involves the power to destroy…” yet there are still those who demand that their representatives tax corporations even more, raise the minimum wage to collect still more taxes and create more laws to control corporations. In 1774 Edmund Burke wrote of a representative’s duty, “It is his duty to sacrifice his repose, his pleasures, his satisfactions, to theirs; and above all, ever, and in all cases, to prefer their interest to his own. But his unbiassed opinion, his mature judgment, his enlightened conscience, he ought not to sacrifice to you, to any man, or to any set of men living. These he does not derive from your pleasure; no, nor from the law and the constitution. They are a trust from Providence, for the abuse of which he is deeply answerable. [Your representative owes you, not his industry only, but his judgment; and he betrays, instead of serving you, if he sacrifices it to your opinion].”
In July 2012 Barrack Obama stated “If you’ve got a business, you didn’t build that…” We are no longer a nation of laws but a nation of men one trying to enslave or control another for our own sake. We have become demented preferring twelve slaves rather than seeing one free man. It is well, let those who demand that others suffer for them “build it themselves”. You can tax, mandate and regulate me but no law can force me to innovate invent, create or produce for the state. There are companies and those of us ready and eager to produce once again but until our spirits, minds and hands are free again…”we’re on strike”.
References
Corporate Income Tax Rates around the World, 2014
http://taxfoundation.org/article/corporate-income-tax-rates-around-world-2014
Obama: If You’ve Got A Business, You Didn’t Build That