Corporate taxes are stupid.

After hearing an analyst on radio suggest that the number one thing this country could do to help the economy would be to reduce Corpoprate Income taxes, I was reminded that Corporate Taxes are just plain stupid.

First:

Corporations don't have any printing presses to generate money - they only have money they collect from customers. So the customers of corporations pay all of these taxes.

Second:
The Corporate taxes are hidden from the customer, buried in the cost of the Corporations' products or services. I hate hidden taxes - politicians love hidden taxes. In my judgment taxes should be visible.

Third:
The Corporate taxes (The US has some of the highest in the industrialized world- the Cato Institute reports - "KPMG found that the United States has the fourth highest corporate income tax rate in the 30-nation Organisation for Economic Co-operation and Development (OECD). The combined U.S. federal and average state rate of 40 percent is almost 9 percentage points higher than the average OECD top corporate rate of 31.4 percent.") only add to the cost of US goods and reduce the competitiveness of US goods on world markets.

Why is this so hard to understand? Why do politicians get away with the demogoguery about making Corporations pay their fair share - with our money! We really do need to reform our educational system so that people aren't so easily duped.