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To: FocusNexus
Well, the Tax Foundation looked at those numbers and found that, among the large companies that paid no taxes, 85% of them also made no profits that year.

The Tax Foundation should know corporations don't pay income taxes. They past that cost onto the consumer in the form of higher prices.
10 posted on 08/15/2008 6:51:32 PM PDT by Man50D (Fair Tax, you earn it, you keep it!)
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To: Man50D
The Tax Foundation should know corporations don't pay income taxes.

Yes, but they still incur huge compliance costs, which are passed on to individuals.

13 posted on 08/16/2008 4:44:17 AM PDT by foxfield
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