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To: presidio9

I’m content to say they don’t. Mostly because they don’t exist. The cost of taxes fall on real people. What I hate is the popular fallacy that they “pass it on” to consumers. That doesn’t happen, unless you have a gun pointed at consumer’s heads. What happens, really, is cost is carried back to the origin of production. Which means two things: anyone with a stake in the business is denied profit and the Forgotten Man doesn’t get paid.


17 posted on 03/28/2013 5:28:43 PM PDT by Tublecane
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To: Tublecane
What I hate is the popular fallacy that they “pass it on” to consumers. That doesn’t happen, unless you have a gun pointed at consumer’s heads.

That may be true if the consumer has the alternative of buying his product elsewhere. Assuming that all producers are taxed equally, the end result of corporate taxation is price inflation, plain and simple. All correct prices are a reflection of EVERY cost of doing business plus the profit incentive.

20 posted on 03/28/2013 5:38:19 PM PDT by presidio9 (Islam is as Islam does.)
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