Friday, November 13, 2009

The most oppressed minority in America ~ By Robert Ringer

From WorldNetDaily
A Voice of Sanity By Robert Ringer Posted: November 13, 2009 ~ 1:00 am Eastern © 2009 Any civilized person dislikes the thought of minorities being oppressed, and I would argue that the most oppressed minority in the U.S. is the small-business person. But he is not without his supporters. By and large, his employees think highly of him. Why not? After all, he gives them the opportunity to earn a living. So, who is it that doesn't like small-business owners? The government! Why? Because small-business people are stubbornly independent. They don't need or want government help. They make their own way in the world. Profitability is the name of the game for them, but it's not an easy task. In a truly free society, it would be difficult enough for a small business to make a profit. A small-business owner is like an orchestra conductor. He has to be on top of every aspect of his enterprise. He has to make sure that every employee is doing his job correctly. And when he goes broke – as millions of small-business people have done – he often feels like all he has to show for his work is that he gave his employees a good lifestyle for an extended period of time. They go on to the next job, and he goes on to face his creditors. Ironically, the small-business person's biggest threat is also his biggest employee – the government. I say biggest employee, because the government is supposed to work for him. It says so in that antiquated little piece of work called the Constitution. But those who hold the reins of power don't much care about the Constitution. As a result, the government taxes the small-business person at every turn, regulates him to death and harasses him in an almost sadistic fashion. Rather than being his humble servant, the government has transformed itself into the natural predator of the small-business person. Without government, it is breathtaking to imagine what the average small-business person could accomplish. In a true laissez-faire economy – which, by the way, has never existed on this planet – the small-business person would be able to create wealth on a scale that is impossible for a socialist thinker to comprehend. Now, along comes government's next big roadblock for small business – government-run health care. In one form or another, sooner or later, a bill will be passed – over the objections of a majority of American serfs. And when it passes, the one thing of which we can be certain is that it will mean higher taxes for everyone – particularly small-business people. Having said this, I thought it would be a good time to disrobe an economic myth that even most libertarians and conservatives buy into. For as long as I can remember, conventional wisdom has insisted that companies don't pay taxes, only consumers do. The idea is that any increase in a company's taxes are merely passed along to its customers. While this is true, to a great extent, in some industries (utilities being the most obvious example), it is not true in most. A government-enforced monopoly like a gas or electric company can, for the most part, pass along higher taxes to its customers. Even with utilities, however, there is, at least in theory, some degree of choice. But in most industries, especially those that sell discretionary products and services, customers always have a choice. Whether it's parallel competition (alternatives to a product or service), dollar competition (people making decisions to purchase some products and do without others), or invisible competition (entrepreneurs always being ready to enter into an overpriced industry and compete at lower prices), companies can't treat their customers as though they are cows waiting to be milked at the whim of corporate executives. [CLICK HERE TO READ MORE]
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