< Back to Front Page Text size +

What are they thinking, or are they thinking?

Posted by Carol Weyler December 15, 2007 10:51 AM

One of the consistant themes raised in the last Democratic debate was that taxes should be raised on big corporations.
Big corporations have stockholders who expect that their shares will rise in value. Most people in the country are invested in large corporations through their IRA's and retirement plans whether they realize it or not.
If corporations are taxed at a higher rate, share value may drop and dividends, from those companies that pay dividends, will be smaller.
Another effect of raising corporate taxes is that these corporations will send more jobs overseas and U.S. citizens will lose more jobs.
Corporations are not evil. They employ people. They provide health insurance and other benefits. Most are quite generous to their local communities.
When you attack business, you attack the country!

About Primary voices The Boston Globe asked Democrats, Republicans and independents in three communities to blog for us as they decide who will get their vote in New Hampshire's first-in-the-nation presidential primary. The Democrats are from Henniker, the Republicans from Kingston and the independents are from Nashua.
archives

browse this blog

by category