GOP Corporate Personification
You would think that it was pretty clear, the line between what is a corporation and what is a human, but for those on the right of the political spectrum, it is their life’s mission to make the distinction confusing to the populace. And they are winning.
Thanks to the conservative majority on the US Supreme Court (and a precedent that dates back over 100 years) we now quite readily accept that corporations are people.
In fact the reason that the credit rating agencies, who were so eager to rate rubbish mortgages, banks and hedge-funds as triple-A, can not be sued is because they are a corporations who render their opinion which if you are a ‘person’ is so nicely covered under the First Amendment, you know, free speech. Nothing could be further from the truth in my opinion, their so-called opinion was neither free, nor speech. But since that particular ship has sailed, let me not dwell too long.
Nonetheless, the conservatives in America have succeeded quite well in making corporations people, who are now covered by parts of the Bill of Rights. If you thought that this little personification of corporations could only go one way, you were wrong. Welcome to a world where people are now corporations. Well at least if you are a conservative in America.
You know the story already, raising taxes on high-income people kills jobs. This little ditty is brought out so often we can all recite the main points with the television on mute. But if we stop to look at it for a moment, it is an absurd fiction that corporatizes a living human.
Progressive tax rates where rich people are taxed at a higher rate than poor people is job killing, so the argument goes. Rich people create jobs, rich people are the engines of the economy, all they want is to go about their business unhindered by taxes. And after that familiar little rant, did you notice something- not a mention of corporations.Continued on the next page