J-HALEY wrote:Greed is everywhere, IMO anyone that thinks they can stop it is kidding themselves. Greed has inspired FORTUNES that provide a lot of folks with jobs. I suppose we could all set around a campfire with our acoustics smokin a joint singing Cumbiya! Thats not the way the world works folks! Its a Cruel Cruel universe where the strong survive. I don't like greed but I know I can't stop it. Its a fact of life. I am not greedy I wish I were my life would probably have been a lot simpler. In a way there are certain folks I know that are greedy that have qualities that I admire.
I think a certain amount of the brainwashed public thinks that greed is the cause of ALL of their Problems. In the words of the great Herman Cain "if you are not rich you have no one to blame but yourself"!
So one day, A feller comes up with a brilliant business idea... Shortly after, he earns 500K in his 1st year. He figures out a way to squeeze 100k more out of his cost, So, year 2 he earns 600K. STOP! What he earns and what he gets to keep... hmmmm...
Lets revisit that: He figures out that the Govt is taxing him 30 percent of his 500K... So to offset that , he figures out a way to shave off the burden, by 'downgrading his processes /innovations such that he can expense out 100k. In the end, He still walks away with less than he earns, AND he has sabotaged the quality of his business or service.
Thanks Uncle SAM!
It aint over... He now finds a way to loophole... The first step is to become a corp. Then he further streamlines his processes, to meet the corp Tax loopholes. Now he must outsource to a foreign company to reduce more costs, so as to avoid more tax burdens... At the end of the day, we now have a company who produces crap, in volume... and When the market has had enough (saturated with crap), the corp goes belly up and declares bankruptcy.
My whole point is that
Greed is
not the issue here...Trying to
defeat the Govt burden, is.
This is precisely why we need to down size the government. Congress should be fired for 10 years and the president should just go play golf somewhere until business get back on their feet.