Do you guys not realize that the consumer pays for all taxes corporations are responsible to pay today? We currently have an imbedded tax in the price of goods today, we just don't get to see that tax with each purchase. Corporations don't pay taxes, customers do!
Do you guys not realize that the consumer pays for all taxes corporations are responsible to pay today? We currently have an imbedded tax in the price of goods today, we just don't get to see that tax with each purchase. Corporations don't pay taxes, customers do!This isn't necessarily true. To pay taxes, instead of raising prices (consumers bare the burden) a corporation could make less profit (capital bares the burden) or pay their workers less (labor bares the burden). But it is probably a combination of the three.