Tuesday, November 30, 2010

ANOTHER NARRATIVE CONTRADICTION

Conservatives claim that corporations pass on higher taxes to customers by raising prices, so they really don't pay higher taxes.  OTOH, conservatives are claiming that small businesses will be hurt by increasing the Federal rates on the top 1-2%.  This fracture opens up several lines of attack on conservative economic ideology, starting with the lack of competition between corporations that allows them to easily pass on tax increases.  It also demolishes the myth that individuals can have a lot of say in their economic life.

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