by Hal Eaton » Sat Aug 20, 2011 11:57 am
This is a belated second try; my first attempt on my wife's 'puter got swallered up . . .
I give Romney a little slack on the "corporations are people" gaff. I think he meant simply that corporations are made up of people -- though one reporter/commentator switched his words to say that "people are corporations."
I have long opined (perhaps herein) that money keeps making a repeated round-trip between and among people's pockets. Money has meaning and worth only when it belongs to somebody whose contribution to society has been deemed worthy, mistakenly or not, of remuneration. And when we dispense money, it is used to buy somebody's time, effort, or expertise. Money doesn't buy cars. Instead, it is spread among such folks as salesmen, franchisers, manufacturers (and their union member affiliates), and even to the miners who dig the ore out of the ground that ultimately becomes fenders and bumpers.
Everybody gets a piece of the action as the money is distributed, and re-distributed, in a never-ending whirl.
So Mitt was right (at least, this time). Corporate taxes, whether they create or reduce jobs, are subtracted from the pockets of stock-holders, employees, and even retirees.
Corporations are people, despite the plethora of jokes we have made concerning the inappropriate use of words by Romney, who didn't explain further . . .
It is error only, and not truth, that shrinks from inquiry. -- Thomas Paine