Economics, Greed, & the Little Guy

April 25th, 2008 by Keith under Uncategorized View recent posts with the tag Uncategorized on Technorati Economics View recent posts with the tag Economics on Technorati 

One thing we can always be sure about taxes - those who support taxes really want someone else to pay them.  If you don’t believe me, ask your most liberal friends if you can see their tax returns and see if they tried to minimize their taxes.  Yet, I bet those same people are irritated that Bill Gates and others wrote off items as well.

Although that is personal income, I think the same can be said for businesses.  Here is a story where New York is ordering “large web retailers” to pay taxes.  Some retailers welcome the tax, believing these “e-tailers” are “stealing their customers”.  How they arrive at this conclusion opposed to believing that the State is chasing away their customers is beyond me.

The politicians will claim they are protecting the little man (who says they can’t open an on-line store?), but the bottom line, yes, that bottom line, is “the state estimates this new Internet tax will bring in $50 million this year and $75 million next year.”  Politicians are more greedy than any CEO or Big Business in America and it is to support their big government and rather than service they use their power to achieve their ends.

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