I am against any form of socialism, let me define socialism. Socialism is when the government funds and controls the means of production. It by its very nature does not do it the best way. Versus the socialist word capitalism which instead uses strict mathematical formulas to determine self sustainable margins to profit and grow guided by competition. Large corporations have larger profit margins because of bulk purchases and to repay investors, loans etc. that fund alot of pensions. Based on competition and in order to remain competitive adjustments are made on sales projections. Basic tax deductible expenses are around to operational costs ( labor, loans, equipment and utilities) around 30% of profits. Then there are administration costs ( management, benefits; SSI contribution, insurances; liability of employees, workman's comp etc.) around 20 % of profits making around 20% of profits taxable which if it were point of sales charges equals around 5% at the present rate of 22%. This ...
