Wednesday, March 2, 2011

Is Corporate Tyranny Destroying America? Pt 2

Why do larger corporations pay fewer taxes as a percentage of their revenues than smaller businesses?

Walmart not only squeezes its supply chain so hard they cannot generate a profit and end up going out of business or getting acquired until there are only 2-4 players in that sector, but they also force small local businesses out of business by pricing them out of the market. There are at least 5 billionaires in the wealthiest 400 Forbes list that are from the Walton family. Thousands of small entrepreneurs forced to their knees so that the pwoer and wealth can be concentrated in the hands of a few.

How does this happen? Lobbyist. Consultants paid for by large companies influence the laws in the favor of the large companies.

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