And paying cash by the wheelbarrow-full for the privilege of being squished that short under the burden.
It amazes me how people are stupid enough to cheer for higher taxes on businesses without realizing that business revenues come from consumers...you and me.
A lot of people just don’t think it through. They think, perhaps prodded by political rhetoric, that major companies such as Walmart are sitting on billions of dollars in the bank, and that they will pay tax increases out of the alleged billions they are sitting on.
Many people don’t understand about profit margins either. Many businesses have narrow profit margins, and the only realistic way to pay increased business taxes is by increases in the price of the goods and services they provide.
They hear political rhetoric about these issues, but very few people have studied the financial statements of a business, or appreciate that businesses aren’t just sitting on piles of money.
It amazes me how people are stupid enough to cheer for higher taxes on businesses without realizing that business revenues come from consumers...you and me.
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Stupidity is a way to describe what causes some people to think and act irrationally, and it is primarily the result of the long-term anti-capitalist, Marxist indoctrination that has become so pervasive in America today.