Tax increases on companies are NOT paid by those companies. They pass along increased taxes, just like other increased costs, to their customers, and ultimately to the final consumers.
SO, when 0bama tells us that he’s not raising taxes on individuals...tell him he’s full of fetid equine excrement.
It’s time to take back the country.
Conservatives need to beat this one to death: Corporations don't pay taxes, they pass them along to me and you in the form of higher prices.
The best way to close all corporate tax loopholes is to end all corporate taxation. That results in lower prices to consumers, which results in more consumption. More consumption = more jobs.
Good luck with doing that. Our first banana republic election will be in 2010.. especially now that a SEIU lawyer is going to be running the FEC.