This is something taught to me by freepers when I first joined. Corporations do not pay taxes. Consumers pay them. Stop. Read that again. Let it sink in.
Example. I sell widgets at 10 dollars each. My profit is 2 dollar on each. The government taxes me at one dollar per widget. Do I continue selling at 10 dollars and give my dollar to the government? No. I raise prices. The widgets will cost 11 dollars. I still profit 2 dollars. The government gets one dollar. The consumer has now become an indirect taxpayer and he will never know.
Any good tax reform will start by eliminating all the little hidden taxes:
*corporate income tax
*capital gains tax
*social security tax (employer and employee)
*medicare tax (employer and employee)
*and all the little taxes like the ones on your phone bill
This sir, bears repeating!
Corporations do not pay taxes.ONLY Consumers pay them.
Although you will find a select few on this forum who refuse to accept this, it is demonstably true.