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

To: Agamemnon
Or the taxes you paid for the corporations, which are hidden/built-in to the purchasing price of every single item you have ever bought.
First, I was commenting on a post that stated the bulk of our current tax burden is hidden. This is just not true. Second, the incidence of corporate taxes is a matter of debate. I believe that consumers pay some of the corporate tax in higher prices but not nearly the full amount.
466 posted on 08/02/2004 9:11:20 AM PDT by Your Nightmare
[ Post Reply | Private Reply | To 462 | View Replies ]


To: Your Nightmare
I believe that consumers pay some of the corporate tax in higher prices but not nearly the full amount.

Only some? Coprorate taxation is built into the price of everything you buy. It is capitalized into the price of every product, as one of several obvious costs-of-doing-business. Taxes impose costs on businesses. All such costs are passed on to consumers in the form of higher prices. A company exisits to make a profit above what its costs of doing business are.

You don't own a business, do you?

May I suggest you consult a basic high school level economics text before you reply to this post.

489 posted on 08/02/2004 9:40:01 AM PDT by Agamemnon
[ Post Reply | Private Reply | To 466 | 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