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To: misterrob
They paid sales taxes on anything that they bought or sold.

Not necessarily. Corporations don't pay sales tax on goods used in producing their product. For example, Dell doesn't pay sales tax on the computer memory chips that go into the computers they sell to the consumers. And nobody pays sales tax on what they sell, only what they buy.

15 posted on 08/13/2008 11:17:10 AM PDT by Blood of Tyrants (G-d is not a Republican. But Satan is definitely a Democrat.)
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To: Blood of Tyrants

Good distinction. We purchase equipment, supplies and other items for operations and pay taxes on what we buy. If I sell product then I have to collect the taxes.


18 posted on 08/13/2008 11:25:23 AM PDT by misterrob (Obama-Does America Need Another Jimmy Carter?)
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