In a letter to Jean-Baptiste Leroy on November 13, 1789 Ben Franklin wrote: Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.
Well, guess what--Franklin was wrong!
For legal purposes, a corporation has the same rights as every individual person. But with government bailouts of "corporations too large to fail" there is now corporate immortality.
Also, there are corporations that do not pay corporate taxes. These are very big corporations too.
So we actually have individuals in this country that can't die and don't pay taxes. It looks like Franklin was wrong after all. I don't think he'd be happy with that.
No comments:
Post a Comment