Why Raising Taxes on Corporations is Another Awful Democrat Idea

Mike Seals of Cleveland, Ohio stands outside the Renaissance Center in Detroit, Wednesday, April 25, 2012, protesting with others as General Electric held their shareholders meeting. Organizers said Wednesday morning’s protest was part of the “99 percent” movement and a call for GE and others in corporate America to pay a fair share in taxes. (AP Photo/Carlos Osorio)

ATLANTA – There are some basic economic tenets That Democrats refuse to acknowledge. Chief among them is the belief that corporations need to pay higher taxes. They argue that in the past, the corporate tax rate was much higher than it currently is and that corporations can certainly afford to pay more in taxes to support their government social programs.

Today, Boortz will show you why this is a hideous idea and why the average American citizen suffers when higher taxes are imposed on corporations.

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