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Showing posts from October, 2019

Who Pays for Taxing the Big Corporations? Investors -- that means you, wannabe retirees.

Some of the Democratic presidential candidates propose that we can pay for their programs by taxing the rich and the big corporations.  I'm not going to address the rich at the moment, but let's talk about the big corporations. The candidates say "Let's reign in those greedy corporations!  They are getting rich at our expense!  Why should they be so profitable, when we could use those profits to pay for our programs?", or words to that effect. Here's my reality check for those of you that have saved all your life to retire.  If you are invested in the stock market, and chances are very good that you are, then who do you think will pay for "free education", education loan paybacks, etc.?  By these candidates analysis.  The corporations will pay, with a benefit to all. No, you the almost retired (count me among those hoping to retire within the next 5-6 years), will pay for these programs .  I will pay for these programs out of my retirement whe