Over at the Corner, Mark Steyn has his own solution for ending the Wall Street crisis: reduce, or even eliminate, all income taxes on corporations! Voila, instant cash, problem solved!
Sometimes I find it refreshing to see some good old fashioned pure libertarianism, just to remind myself of how kooky some of its proponents really are. To listen to Steyn, or to my father for that matter, you'd think that taxes are the cause of all evil in the world. The reality is that taxes have existed for thousands of years, and for good reason. Any society is more than just the sum of its parts; it's the collective will of many people who realize that bettering the whole betters each of us in ways that we couldn't achieve acting individually, but along with those benefits comes responsibility to contribute your fair share. Think of it like an exclusive club: if you want to join the club and gain access to the benefits it offers, you pay your yearly membership dues. Taxes are just membership dues to live in the United States of America. Corporations have the benefit of being legally recognized entities that have certain benefits, but along with those benefits comes the responsibility to support the society that confers and protects those benefits. it's that simple.