ALL businesses whether manufacturing, wholesale or retail pass their income taxes on in the sale price of their products. Its part of the operating expense or otherwise Cost Of Goods Sold (COGS).
The corruption is the exponential growth of the taxes that a Cato Institute study substantiated that 30-50% of the products we buy are taxes. We need a tax structure that the citizen can see the actual amount of taxes being paid and quit this ponzi scheme.
I favor Replacing the current mess with a sales tax with the price before and after tax posted directly on the sales slip. However, I can see the benefit of eliminating withholding entirely and requiring each citizen to write a check to the local, state, and federal governments once a year. Perhaps on the day before any election.
You are of course right, but if people understood the truth of what you said we wouldn’t have the ridiculous “tax increase” arguments we always get even on FR about the FAIR TAX or the 999 plan.
Sad that economic and tax ignorance is rampant everywhere, but having those taxes broken down on labels, etc, would be very informative.