One of the saddest parts of progressive taxation is that it’s a lie - one that hurts those regular people who are tricked into supporting liberalism. Liberals don’t mind as much when Congress wastes our money, if that money comes from taxing “the rich”. Unfortunately, the rich do not passively accept a reduction in their spendable income. Lawyers (as one high-income example) who are taxed at over 50% raise their rates, passing that cost on to the physicians, grocery stores, and other businesses that employ them, and those costs are passed on to the tax-the-rich voters who think government is giving them something for nothing.
DING! DING! DING! We got a winner!
Companies do NOT pay taxes - CUSTOMERS pay taxes! Sales taxes directly and company taxes indirectly - by having the cost of the product go up!
Simple math is simple math! If I need to make a profit of $1000 a week in order to keep the doors open, pay my employees and keep my personal life in order, then every time my business taxes are raised, my product costs go up to ensure I continue to make that $1000 profit - PERIOD!