To: Cobra64
Corporations should NOT have to pay income taxes.
Corporations do not pay taxes. They pass the cost of the tax onto the consumer. These are essentially hidden taxes.
14 posted on
08/17/2005 8:16:06 PM PDT by
Man50D
To: Man50D
I know that. The sheeple do not understand that. And this is why the VAT tax is another smoke-screen. I believe that Joe-Six Pack should UNDERSTAND what he is paying for goods and services, withouth the camoflauge of fees, duties, and other BS when he pays his airfare, hotel bill, cell phone bill, land-line bill, and when he fills his car with gasoline. Too many people in this country are clueless.
16 posted on
08/17/2005 10:21:55 PM PDT by
Cobra64
To: Man50D
Corporations do not pay taxes. They pass the cost of the tax onto the consumer. These are essentially hidden taxes.
You need to read up on tax incidence. There are three ways a corporate tax can be passed on. As higher prices, as lower wages, or as a lower return for the investors/owners. Higher prices are probably the least likely way they are passed on.
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