Big Corporations Don’t Pay Taxes June 11, 2008
Posted by Conrad Hubbard in : The Chip , add a commentI didn’t say it. Republican strategist Ed Rollins, and former Huckabee national campaign chairman, said it tonight on CNN.
There is a nationwide political discussion about taxing record-earning large oil companies and providing incentives to those who try to create alternative (renewable) energy resources.
Republican strategist Ed Rollins said that the rich will make out no matter what the tax system is. He also said that in his experience big corporations don’t pay taxes. I am not sure what he meant exactly by the statement about the rich, but he explained that he meant that big corporations didn’t pay taxes because they passed them on to consumers. (Which is related to the Obama argument against removing the gas tax: the idea that the corporations will not pass all of those savings on to the consumers.)
I don’t think that anybody should have to pay more than his “fair” share of taxes. We can argue a lot about what that really means, of course. Regardless, I definitely think that some sort of government incentive to encourage the use of renewable energy resources is ethically mandatory (if our world is to survive) and the patriotic thing to do (if our nation is to survive). I also happen to share the view of the true fiscal-conservatives that these sorts of things should be paid-for within the budget rather than thrown onto the already absurd multi-trillion debt-pile of our descendants.