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To: Junior
Joe Six Pack already pays all the taxes. Corporations simply raise their prices to cover the taxes they have to pay.
 
Corporations don't always raise prices. Sometimes so that their prices remain competitive they fire people and outsource their jobs overseas or replace them with automation. I hope that makes liberals feel better.
 
Corporate income taxes are only 10% of federal revenues. They should be entirely eliminated. The US would then be a tax haven and the econimc boost would more than make up for the lost revenues. - Easy to understand if you live in a world of facts but going to be a hard sell to brainwashed koolaid drinking socialists.

19 posted on 09/28/2004 11:56:33 AM PDT by azcap
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To: azcap
But all their money comes from the consumers of their products. Corporations do not create money. They create goods and services that they trade for money, some of which they then give to the government in the form of taxes and bribes. None of that money originated with the corporation, but with the consumer.

Corporations do not pay taxes.

23 posted on 09/28/2004 12:26:39 PM PDT by Junior (FABRICATI DIEM, PVNC)
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