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To: Nextrush

Get a grip dude. You cannot tax a business. You can only tax people.

Businesses will simply pass those taxes on to their customers. Otherwise, they will go out of business.


11 posted on 07/20/2021 6:46:38 PM PDT by beancounter13 (A Republic, if you can keep it.)
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To: beancounter13

Regardless why do we see a low corporate tax rate in Canada and all kinds of advocacy as I have seen in this forum and other places for such a tax in the USA?

The tradeoff for the low corporate tax in Canada is a national sales tax. And sales taxes are regressive paid for by the little people more than the big ones.

This story is about a Democrat politician grandstanding on taxation with “climate change” on his mind. I get that much.

But business taxes versus sales taxes seems to me to be the dilemma.

The biggest shareholders in businesses get the biggest breaks from a corporate tax that is low.

I’m only a little investor in Amazon.


13 posted on 07/20/2021 6:51:24 PM PDT by Nextrush (FREEDOM IS EVERYBODYS BUSINESS, REMEMBER PASTOR NIEMOLLER)
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