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Mitt Romney caused somewhat of a kerfuffle yesterday when, in response to a heckler at the Iowa State Fair, he made the comment that “Corporations are people too.” As James Joyner noted yesterday, Romney’s argument is essentially correct in the sense that Romney was making the comment; namely that raising taxes on corporations ultimately means you’re raising taxes on people. Nonetheless, Romney’s response was slightly inartful, most likely due to the fact that it was made off-the-cuff, and The Cato Institute’s Ilya Shaprio argues that he should have put it just a little bit differently:
Obviously, Romney is not saying that corporations are living, breathing beings with rights to abortion (or not, or depending on the stage of development of the fetal/baby corporations) and marriage, who are subject to Obamacare’s individual mandate (or even Romneycare’s for Massachusetts corporations), can be put to death if they murder someone, and so forth. He means that corporate money always comes from, flows through, and ends up in human hands.
Originally posted by jdub297
reply to post by babybunnies
Maybe you haven't noticed, but corporations have been allowed to exist as separate entities for more than 300 years.
Your city and your school district are "corporations."
Barack Obama "killed" Delphi, General Motors and Chrysler with his forced bankruptcies.
I lost every penny of my investments in them to save the UAW.
I am ready to testify against BHO for "killing" them.
Is that what you want?
edit on 21-6-2012 by jdub297 because: (no reason given)
As a matter of interpretation of the word "person" in the Fourteenth Amendment, U.S. courts have extended certain constitutional protections to corporations. Opponents of corporate personhood seek to amend the U.S. Constitution to limit these rights to those provided by state law and state constitutions.