Re: Price needed to make solar hydrogen competitive

All typos and spelling errors are blamed on too little sleep

 >  >>Capitalism is a tool. Tools have no morals.
> >
> >>>
> >>>That mean that a tool can be used for opposite purposes, depending
> >>>simply of how it is handled.
> >>>
> >>>A major change in corporate fiscality would be useful. What are
> >>>companies taxed on now? On salaries, and on profit. What is taxed is
> >>>creating jobs and creating wealth. Why do we tax desirable things?
> >>>
> >>
> >>I think taxes are a social tool, not 'capitalistic'. The first intention
> >>of taxes are to maintain common social assets. But all too often taxes
> >>are a form of wealth distribution. But what happens all too often is the
> >>wealth of the middle class is redistributed while the wealthy keep their
> >>booty. So it turns into a tool to create a greater oligarchy. A
> >
> >
> >
> > Check your numbers, the top 10% pay something like 50% of the taxes
> > according the the IRS's own numbers.  Us in the middle pay the rest.
> >
> >
>
> You can snip my post.

Clearly, I just did it :)


>You can make a claim. Can you say 'tax shelter'?

Yes.  As a lot of people here are fond of saying do a Google search and find
the numbers yourself.  I don't keep that info on hand or on my computer
either :).  There are dozens, if not hundreds, of websites with references
(and probably thousands if not millions w/o) showing just who pays for the
running of the governments (local, state and federal).  When the polis start
talking about a tax break for the poor you need to ask yourself just how
much in taxes do the poor pay in.  Years ago my brother-in-law got more back
then he paid in.  How do you give people like that a bigger tax break?  Give
them MORE of your and my money?

Tax shelters, even though there are fewer now then at any other time in
recent history, are one of the reasons we need a flat tax.  If it were not
for taxes business would not be fleeing CA for other states and moving their
world HQ's out of the US.


> You can claim that 'income' is what the wealthy base their wealth and
> increase of wealth on. Check your numbers...

Where'd I do that?  The people in the top 10% range have very little income
as you and I think about it.  An example is when the market 'crashed' a
while back.  There were reports that Bill Gates lost "billions of dollars".
Its not like he dropped his wallet with money in it.  His net worth dropped,
it has bounced back, but he still had the same amount of cash in the bank
(what you and I think of as income) as he had the day before.  But they
still have to pay taxes on what they make.  And with our system designed to
'stick it to the rich' they pay a lot more than the rest of us.