Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: mass55th
Any tax on a corporation is paid by the consumer.

Instead of asking the government to raise taxes on corporations, you should just ask them to raise your taxes directly and cut out the middleman.

37 posted on 03/25/2011 10:18:59 AM PDT by dead (I've got my eye out for Mullah Omar.)
[ Post Reply | Private Reply | To 28 | View Replies ]


To: dead

Instead of asking the government to raise taxes on corporations, you should just ask them to raise your taxes directly and cut out the middleman.

____________________________________________

I’ve read that corporate taxes - which as you know are passed on to individuals - indirectly add over $3,000 per year per individual in higher taxes.

So when you look at local, state, property, federal taxes you pay - don’t forget to factor in your share of corporate taxes.


44 posted on 03/25/2011 10:25:03 AM PDT by Responsibility2nd (Yes, as a matter of fact, what you do in your bedroom IS my business.)
[ Post Reply | Private Reply | To 37 | View Replies ]

To: dead
Any tax on a corporation is paid by the consumer.

All taxes on corporations ultimately fall on individuals. Those individuals may or may not be consumers of the corporation's output. After all, in addition to customers, a corporation has shareholders and employees ...

The exact breakdown of the impact on the company's customers, its shareholders, and its employees is a complicated function of the demand for its products and services. If demand is inelastic — i.e., you gotta have the product, and there are no substitutes — then the company simply raises prices, and the customers fork it over. If, on the other hand, demand is very elastic, then the company has to eat the added cost, causing shareholders and employees to get less. Most situations are in between, obviously.

91 posted on 03/25/2011 5:42:28 PM PDT by cynwoody
[ Post Reply | Private Reply | To 37 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson