What’s wrong with that ? All corporate taxes are passed on to the consumer.
Anyone know how much tax will be lost from the jobs that will be lost by trickle down taxation?
Get rid of capital gains.
[ Whats wrong with that ? All corporate taxes are passed on to the consumer. ]
I’ve always said that LOW Rates plus simplified code, something like only a sales tax or only a incomes tax, etc...
The little weaselly control freak Socialists can use selective enforcement of code to punish their political enemies under simpler comprehensive tax schemes.
” ...All corporate taxes are passed on to the consumer.”
Lower product prices
Employee pay raises
R&D for new/improved products
Reduced ROI/dividends for investors
and so on...
Whats wrong with that ? All corporate taxes are passed on to the consumer.
Agreed. The tax monies must come from shareholders in reduced dividends,
from employees in reduced payroll or increased prices to customers. Corporations
do not pay taxes; people do.
The issue would appear to be that 1% of companies are being treated unfairly.
The problem is that if smaller businesses are having to pay the income tax, it gives the large corporations an advantage (which is why large corporations don’t mind taxes). Bettef to have no income tax at all.
We don’t want the spas to know this!