To: AaronInCarolina
Yes, but that will expose the true cost of an out-of-control government. The problem with the current system, (besides governmental intrusion into our personal lives through income reporting) is that so much of the taxes we pay are "hidden" and people have no idea just how much tax they are paying. The majority of taxes show up on your pay stubb every week. Truely hidden taxes like corporate taxes are a small portion of federal taxes.
To: AaronInCarolina; Always Right
23 posted on
10/10/2006 9:38:41 AM PDT by
RobFromGa
(Monthly donors rock!)
To: Always Right; RobFromGa
The majority of taxes show up on your pay stubb every week. Truely hidden taxes like corporate taxes are a small portion of federal taxes.
I think there are a lot of hidden taxes beyond hidden corporate taxes. Embedded costs of production ratchet up at every stage of production, shipping, etc. It is near impossible to know just how much of the cost of a good is inflated due to the need to make a profit by each contributor to the production of a product, which is affected by taxation at each stage.
To: Always Right; AaronInCarolina
Always Right wrote: The majority of taxes show up on your pay stubb every week
uh, no. How about: compliance cost, the taxes paid by employees, regulations and the AMT?
Why do you think withholding was started in the first place? Out of the goodness of the legislators' hearts.
87 posted on
10/12/2006 8:55:24 AM PDT by
socialismisinsidious
( The socialist income tax system turns US citizens into beggars or quitters!)
To: Always Right
"... hidden taxes like corporate taxes are a small portion of federal taxes ..."
We've all been over this ground many times but I'd point out to you that "corporate taxes" are not the only hidden tax component. The statement should at the least be broadened to include "business taxes" and in fact should also include tax costs and not merely taxes per se.
239 posted on
10/16/2006 7:58:57 AM PDT by
pigdog
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