Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Alberta's Child

Corporations maintain their profit margin by raising prices when costs are increase. Taxes are a cost.


16 posted on 03/31/2021 5:33:29 AM PDT by griswold3
[ Post Reply | Private Reply | To 15 | View Replies ]


To: griswold3
You could not be more wrong about this.

Profit = Revenue - Costs

Corporate taxes are NOT costs to the business. They are paid on the profits ... which are computed AFTER the costs are established.

22 posted on 03/31/2021 5:46:20 AM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson