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To: poobear
Have either of you ever run a business?

A side business, yes. Nothing big enough to involve having employees or anythign like that, and certainly not a means of supporting myself, but a business that generated a little bit of extra spending money.

The bottom line point that another poster was trying to make, and that I tried to further explain, is that corporate taxes are ultimately paid by consumers through the prices they pay for goods (or to some extent by shareholders through the income that they forego because the government has taken that portion of the earnings that could be distributed as dividends or reinvested in the business). While the corporation files a return and writes a check for the taxes, ultimately the consumers pay those taxes.

154 posted on 09/08/2010 7:26:06 AM PDT by VRWCmember (Jesus called us to be Salt and Light, not Vinegar and Water.)
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To: VRWCmember

Correct but ultimately the government gets its share of my Profits. When I raise prices to cover this consumers go elsewhere. Evil Profits are controlled by taxes. Employment is controlled by expense and taxes. No Profits, less employees. More expenses per employee, less employees. Less employees less money to the Treasury.

Why can’t they figure this out?


155 posted on 09/08/2010 8:05:36 AM PDT by poobear ("The greatest tyrannies are always perpetrated in the name of the noblest causes." -- Thomas Paine)
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