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To: orinoco

So why do corporations constantly do everything they can to minimize there taxes? Are they doing it for us? It is not as simple as that. Some times taxes like property taxes and other things that are a cost of doing business can be passed on.. But, sometimes not. If you are in interstate commerce and are in a high tax state you are at a disadvantage and you will probably eat most of the tax difference and probably all of it. If you are in a market that is highly competitive you may not be able to raise your rates. And then we come to income taxes and other after the event taxes. They are on profits and are taxed afterwords so it is unlikely they will result in higher costs unless they cause there to be less investment9which may or may not happen). It is not that simple. I used to think like you but now that I see how the corporations stop worrying about spending by governments when they pay less taxes and how they seem to be more and more controlled by libs I am changing my tune about give them a free pass. These very upper class persons run the government and if they spend as they are then they should pay for it. I am not in favor of any more reductions in country clubber taxes until they put some money into conservative media and secure the borders. If the tax rates are to high to return an investment then Wall Street should not of given 80% of their campaign contributions to Obama. some things jut plain have to change.


27 posted on 03/27/2011 3:09:00 PM PDT by bilhosty (Don' t tax people tax newsprint)
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To: bilhosty
It took you about 275 words to simply say that corporations sometimes pay taxes that are passed on to the consumer and sometimes they do not pay taxes.
So if corporations do not pay taxes the price for their product is based on the expense to produce the product plus profit. If corporations do pay taxes then, as I mentioned previously, the price for the product will include the tax with other costs plus profit. The consumer ultimately pays the tax.
If you want to learn more please consult an accountant.
28 posted on 03/27/2011 3:42:25 PM PDT by orinoco
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