“THERE IS NO SUCH THING AS A COPORATE TAX!!! Businesses and coporation only collect taxes from their customers.
Been trying to get this across on blogs for years. Americans are the dumbest box of rocks. They just don’t seem to understand that, for example, taxes are raised on a bakery and the cost of a muffin goes up. Who pays the tax. The consumer. THE CONSUMER. NO BUSNESS PAYS TAXES!!!!!
How do we teach Americans that is beyond me. “
If Bakery A gets a special tax break for being minority owned, or is in a special class,,then it’s possible their taxes are lower than than Bakery B who, just for sake of discussion is operated by a white, Christian male. ....Guess who needs to raise their prices MORE just to keep the profit margin the same? Bakery B. Higher prices may lead it to be less competitive...so when you say business pays no taxes, that’s true,,but not all are taxed the same. Bakery A can hold itself out as owned by people who aren’t so interested in the profit, who are more benevolent, etc,,even though the reality is, Bakery A is getting more of a break....
Therefore they can spout that Bakery B is charging HIGHER prices because they are ‘greedy’....and there you go.
Taxes and politics cannot be separated from each other. There is still wiggle room for exploitation, even though businesses do pass the cost along....
CO*R*PORATE