SumOfAllFears
Grim Reaper of Misguided Liberal Souls
Posts: 18,213
Joined: Nov 2008
Reputation: 58
I Root For: America
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RE: Muslim student messes up
(05-15-2010 07:36 PM)Fo Shizzle Wrote: (05-14-2010 11:55 AM)Owl 69/70/75 Wrote: (05-14-2010 11:44 AM)RobertN Wrote: Yes. It is unfair to citizens but seems like it is GREAT for corporations. The average citizen pays their fair share PLUS the corporations share. THat is unfair to the average citizen.
The corporation's share is zero. Corporations don't pay taxes, they just pass them along to customers through higher prices. So the average citizen always pays the corporation's "share." So long as all corporations in an industry face the same tax burden, that is inevitable; work out the math. It's only when one corporation gets different tax treatment from its competitors that any corporation actually has to absorb taxes. That's why lobbyists exist.
Yes...It amazes me just how ignorant most people are about taxation. The light seems to never go off that THEY pay ALL the taxes. Only individuals are stolen from.
My first act as ruler...end ALL corporate taxation. It would be the first step to making America the place to DO business...then I legalize weed.
Economics from a stoner.
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05-16-2010 02:49 AM |
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