[kevkrom]

Corporate income taxes are NOT a cost that can be passed along to the consumer.

That is the funniest thing I've rad in a while, thanks.

NEWSFLASH: all taxes are paid by individuals in the form of higher prices, lower wages, or lower return on investment. Corporations do not pay taxes, they merely collect them. Plus, all of the additional costs involved in tax compliance and other activites related to minimizing tax liability.

[phil_will1]

"Corporate income taxes are NOT a cost that can be passed along to the consumer."

"That is the funniest thing I've read in a while, thanks."

This is the same stuff that he and LewisLynn were posting about the FairTax a couple of years ago. They were corrected then, but it obviously didn't take. This is really very simple. Let me break it down for you.
(1) Businesses exist to make a profit.
(2) A profit is what remains of your sales revenues after covering your operating costs - ALL of your operating costs.
(3) Taxes and the compliance costs thereon, are operating costs.

Using Willie's convoluted logic, businesses don't really have a clue as to how to price their products, because they don't know until after the sale what their costs are. Taxes are just as predictable as most business expenses are.
If you can't predict taxes, there are quite a few other operating expenses that you can't predict.

Does that put this loopy logic to bed once and for all? Of course not. Willie and Lewis Lynn won't let rationality and economics get in the way of bashing the proposal.