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To: Meet the New Boss

Bachmann doesn’t understand the proposed 9 corporate tax because she misdescribed it as applying at the time a product is sold from one business to another.

It is not taxed at the time a product moves from one business to another.

It is a tax on business results, not on products as in the case of a VAT.


171 posted on 10/18/2011 5:23:37 PM PDT by Meet the New Boss
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To: Meet the New Boss

At least someone gave Perry a Red Bull before this debate


277 posted on 10/18/2011 5:31:37 PM PDT by Meet the New Boss
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To: Meet the New Boss

If businesses in the future are like all other businesses, the tax will be passed on to the next guy in a higher price.


2,036 posted on 10/18/2011 10:24:27 PM PDT by firebrand (Why didn't they impeach him before he started the revolution?)
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