Well, what are the Socialist Democrats up to now in the U.S. Senate?
Great. Gas is at $4 a gallon, and Harry Reid and his band of merry Socialist henchmen propose to do something guaranteed to raise the price of gas even further and harm the economy. Econ 101: Corporations do not pay taxes. Not now, not ever, and to think they do is to subscribe to what I call the “Big Bag o’ Money” Theory about how things work. It goes like this: Exxon, say, makes all this money by selling gas to consumers, and they stick all the money in this big bag called “profits”. Then, Congress takes a look at the profits bag, determines something stupid like “The oil companies need to know that there is a limit on how much profit they can take in this economy,” (Socialist Dickie Durbin, D-Saigon), and decides to tax the “windfall profits” (whatever that means). And Exxon says, “ah, yep, ya got us! You’re right! We’re snakes, making all this profit! We’ll dip into our Big Bag o’ Money and pay the extra taxes, and promise to be good boys and girls from here on out!”
No…corporations do not pay taxes. You pay taxes. I pay taxes. Poor people pay gas taxes, just like rich people. And we all eat, and so when gas is taxed, and prices go up at the pump, our food costs more (yes, food that poor people eat, along with middle-class and rich people). Further, publicly-traded companies render dividends to the zillions of Americans who are invested in the stock market–and when taxes are raised, people feel the squeeze and buy less gas and there are less profits for all the folks who’ve invested money in the stock market and…
You get the picture.
Now, the question that comes is, are Socialist Democrats stupid not to know basic Econ 101? I mean, it’s a fair question to ask, because the economics of the thing isn’t even arguable. My answer? Nope, not one bit; there’s not a Socialist Democrat in Congress who doesn’t very readily understand the economics of the thing. So…if they’re not stupid, what could they be? Hmmm…
You don’t think…no…they couldn’t be…well, but then…I mean, is it even, like, possible that maybe they’re…evil? Like, that they’d use the misery of the American public, an American public educated in failing public schools that don’t help our kids actually think about things like basic economics, to fool the easily-fooled American public into thinking that they were doing them a real service in socking it to those evil oil companies, when in fact they were actually
– Raising more money to spend on their beloved (worthless) social programs?
– Accumulating more power to themselves?
– Aiding their own re-election chances, because the easily-fooled Econ 101 flunkers actually believe that the Socialist Democrats are doing something to help them?
– Perpetuating the hilarious myth that Socialist Democrats are the party that looks out for the little guy, takes up for the poor, and is concerned for the “working man”?
I mean, if I were a cynical person (and of course, TNKZ readers know that I’m not, you know), I’d be tempted to think that the Socialist Democrats were up to something pernicious, instead of trying to help the American people by taxing our way out of the problem.