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To: Sam the Sham

I've got news for you, CORPORATIONS DO NOT PAY TAXES. The consumer's of their products pay the tax - it's just hidden in price. If you don't believe me, take an accounting class.


13 posted on 09/28/2004 11:35:28 AM PDT by taxcontrol (People are entitled to their opinion - no matter how wrong it is.)
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To: All

Oh, I see. So if corporate taxes were abolished then prices across the board will come down because corporations no longer have to pay taxes ?

Like hell they would.


15 posted on 09/28/2004 11:39:18 AM PDT by Sam the Sham
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To: taxcontrol

some of it could also be hidden in reducing wages or reducing investment returns... but those are options of last resort (ie before bankruptcy)....
i'd say 95% are in prices...but that's an educated guess

regardless, individuals ALWAYS end up paying taxes, whether in higher prices, lower wages, or less than expected return on investment.


34 posted on 09/28/2004 5:06:05 PM PDT by Chilldoubt
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