Sunday, May 8, 2011

Plans for Slashing Corporate Taxes Worry Some Firms - WSJ.com

KEY IS THE SIZE OF GOVERNMENT: Plans for Slashing Corporate Taxes Worry Some Firms - WSJ.com

S-Corps that have a small ownership are likely also entities run by very bright people. With all of the changes in technology, the US should be paying attention to the ability of very bright business owners that have businesses built around intellectual capital to just move out of the US.

The smarter and more affluent you are, the easier it is to do so.

The critical issue is really the ability, need or implications of letting the size of government grow.

Everything one hears about the education system suggests the current generation is less educated than the last. It's hard not to consider this failure has to be laid clearly on the government and teachers unions. Thus, they both need to be cutback and their power and influence markedly reduced.

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