“Corporations don’t pay taxes. The monies remitted to governments comes from their customers in increased prices, from the stockholders or from the employees in
reduced wages.”
You are not supposed to know that.
“Corporations don’t pay taxes. The monies remitted to governments comes from their customers in increased prices, from the stockholders or from the employees in
reduced wages.”
You are not supposed to know that.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I learned in a high school class that companies just pass their expenses to their customers.
After 40 years in business I firmly know that is a fantasy.
The ill informed don’t know about competition or a ton of other factors that make it a total lie.
If you increase my corporate taxes the cost of my product goes up. The consumers have many options on where to buy these days. They will find the same thing cheaper somewhere else.
But it sounds cool so there is that.