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To: avacado; Bigun

From your linked article:

“...In other words, who bears the burden of taxes on the domestic oil industry? Every dollar a corporation spends, whether on taxes or anything else, eventually comes out of the pockets of individuals, specifically three groups of individuals: the corporation’s shareholders, in the form of decreased capital gains and dividends; its workers, in the form of lower wages; or its customers, in the form of higher prices.”


64 posted on 08/09/2007 9:27:49 AM PDT by OHelix
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To: OHelix; avacado
Excellent catch!

One might conclude that the author of that piece agrees with what I have said earlier on this thread. He is correct but suppose that there will always be those who cannot figure out that collecting and remitting is NOT the same thing as actually paying.

67 posted on 08/09/2007 9:42:05 AM PDT by Bigun (IRS sucks @getridof it.com)
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