You’ve used a little logical sleight of hand to try to make your point:
1 - PRICE is “regulated by the market”
2 - Tax rate can stay the same or change and price will continue to be “regulated by the market”
3 - Therefore, tax rate does not effect the price
(Somehow this is supposed to disprove the assertion “Corporations do not pay taxes, their customers do”)
All you have proven is that there is more than just the tax rate that effects market regulated prices.
The reality that you try to conceal is that the tax rate is a very significant part of the “regulated by the market” dynamic you refer to.
If the tax rate goes up, the market will adjust accordingly.
Now it may be true that a company may trim it’s fat to compensate (make less profit as opposed to “passing it on”) in the event of a higher tax rate... However, it is still true that whatever monies are used to pay corporate taxes are a direct percentage of the price paid by consumers.
And it is therefore true to say, “corporations do not pay taxes, their customers do.”
Your condescending post above was deceitfully misleading.
Geee...so you cant really contridict the message as you suppose, so, you just attack the messenger by accusing me of being misleading and deceitful, wow...that’s nice of you.
No my example was not misleading, and no it’s not slight of hand. I qualified the post by saying it was a very general example.
If I was condescending then my apologies.
Hey, it’s your right to disagree...but that facts are still there and they’re on my side.
“OIL and GAS” prices are regulated by a market (a term I used loosely) but specifically OPEC, futures traders, yada yada, which tend to price O&G on a world demand/supply basis...As I explained in a prior post...one cannot pass on the rate difference as a cost to the consumer when the price of their product is determined external of their control. And one would be hard pressed to pass on cost in an industry segment that is under serious competitive price pressure.