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To: Chilldoubt
What does "cascade" mean?

It means that the shills are in fundamental denial of free market economics, and assume that all companies make a known profit so that tax liabilities and all other 'costs" can be merely passed along to the consumer.
Corporate income taxes are NOT a cost.
They are government confiscation of a portion of the profit (if any) that can only be determined AFTER costs are deducted from revenues. They CANNOT be computed in advance to be "passed along" to the consumer at a fixed market price that guarantees profit and tax liability. Yet that's EXACTLY how the shills would have you believe business functions in a competitive market economy. They are full of BS.

293 posted on 08/27/2004 3:55:46 PM PDT by Willie Green (Go Alan Go!!!)
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To: Willie Green

Corporate income taxes are NOT a cost.
=======
Income tax liability and payroll tax liability are not considered by business in advance of pricing decisions???


294 posted on 08/27/2004 4:28:45 PM PDT by Chilldoubt
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To: Willie Green

"Corporate income taxes are NOT a cost."

Where in the world do you get such ridiculous notions? Can you cite any economist or reputable business scholar who holds that view?


336 posted on 08/27/2004 7:10:39 PM PDT by phil_will1
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