CEOs and tea partiers: Shut up and pay taxes
Commentary: Starving the government is not patrioticFRANKFURT (MarketWatch) — As I sit here in Germany’s financial capital, a few hours by train from where my forbearers set out for the United States a century ago, I’m remembering what antitax Americans are forgetting: Living in a stable and free society that supports economic initiative isn’t a given.
Those who think that U.S. corporations and wealthy individuals already pay too much in taxes and get too little in return are taking for granted social order and economic opportunity. Keeping the peace costs money, and paying police, fire and other emergency personnel requires tax revenue. Just ask U.K. Prime Minister David Cameron, whose plan to make substantial cuts in London’s Metropolitan Police budget now looks ill-timed, amid pictures of looters making off with stolen goods. See images of the unrest that tore through London.
U.S. corporations benefit every day from operating in an environment where bricks aren’t flying through windows and gunshots aren’t going off in parking lots. Civil unrest can be expensive, as executives at Sony Corp. learned this week after its London warehouse went up in flames.
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http://www.marketwatch.com/story/ceos-and-tea-partiers-shut-up-and-pay-taxes-2011-08-12