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by yequalsx 5166 days ago
The federal road system is not paid for by gas taxes. The soft power wielded by the U.S. is not paid for by gas taxes or by corporate taxes. The are a lot of very large companies that pay no tax despite reaping great rewards for using the services of the U.S. government and despite (at least in some areas) having regulatory capture.

Labor has very little power in the U.S. and in an environment of 8%+ unemployment (15% U2 rate) it's hard to believe that labor can raise prices.

1 comments

My mistake, there is a small fraction of the highway system which is not paid for by user fees.

https://en.wikipedia.org/wiki/Interstate_Highway_System#Fina...

There is a pretty simple solution to this problem - raise user fees until the system is revenue neutral.

As for "soft power", could you define that in a less vague manner? Are you asserting that dead Iraqis somehow benefit Apple?

And again, I'll note you keep harping on a few cheap, useful items, while ignoring the fact that the vast majority of spending is merely redistribution from the young to the old which doesn't benefit Apple at all.

Taxes are at a 50 year low. The current deficit is large with most of it coming from non-recurring expenses but with long term deficit of around $500 billion. Corporations are having record profits and are sitting on over $1 trillion in cash. Solution to the problem is easy. Tax more (or spend less but in the present situation that would be more hurtful than raising taxes). It can't be said that taxes are too high unless one is a fanatic that thinks all taxation is theft or evil. A lot of the large U.S. corporations pay no corporate taxes.

Consult Wikileaks cables for how corporations benefit from U.S. soft power and hard power. Apple benefits from being in the U.S. It should pay for this benefit. I don't know the optimum rate. It should not only pay for the tangible, easily understood benefits. It and other corporations benefit from the U.S. exerting its power to their benefit. The U.S. does this quite a bit.