[sinkspur]

why not make the coroporations pay all the taxes and let the wage earners keep 100%?

Here's some news:

Corporations do not pay taxes!! Not even today.

They pass the "tax cost" to consumers, or pay their employees less.

A "0%" corporate tax would increase business investment, lower prices, and raise salaries.

The idea of "corporate taxes" is a total fiction.

[cpst12]

>>Corporations do not pay taxes!!

>>The idea of "corporate taxes" is a total fiction.

So if the coporations are paying no taxes, why are they complaining that they need lower taxes?

[Wphile]

Good luck to you on arguing for the elimination of the corporate income tax. I agree, wholeheartedly, with you but believe me, it's almost impossible to get most people to understand why it would be a good thing.

[Torie]

The idea of "corporate taxes" is a total fiction.

No it isn't. Nobody knows the precise percentage, but in an economy as large as ours, some of the corporate tax is indeed one on capital, and cannot be passed on in the form of higher prices. When you tax something that is a major input, it induces more reliance on other inputs. Trust me. Maybe half or so of the corporate tax is truly a corporate tax, but nobody knows. But it is clearly more than 0%.