To: Baynative
I would liketohear this but can't today. What interests meis how they would level the playing field for seniors who have been taxed again and again alltheir lives and now live on a limited income thus paying no taxes - UNTIL they start getting hit with 15% or more on every purchase they make.That's the GAG! You're paying it ALREADY!
Hint: Corporations and businesses pass their income tax burden onto their customer base.
4 posted on
12/13/2004 8:37:28 AM PST by
xrp
(Executing assigned posting duties flawlessly -- ZERO mistakes)
To: xrp
Hint: Corporations and businesses pass their income tax burden onto their customer base.
Corporate income tax is usually small. Profits are converted into investments and investors are paid through capital gain rather then dividends. You are also jumping to the assumption that a reduction in costs (assuming there are some) would be passed on to the consumer as a price reduction.
5 posted on
12/13/2004 9:03:10 AM PST by
ARCADIA
(Abuse of power comes as no surprise)
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