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Originally Posted by dksuddeth
corporations don't pay income tax. This is the simple concept. Anyone with any business sense should know that any increased costs or negative impacts on corporate income WILL without a doubt be handed on to the consumer. So corporations don't pay income tax, it only results in a higher priced product for the consumer.
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I'm not sure of many of the tax proposals in the OP but the reverse income tax may be a way to level the playing field so that the poor and middle class do not continue to pay a higher percentage of their income to support our government than the wealthy.
I sometimes think that I must be missing something but it seems to me that much of the taxes waged on corporations and wealthy wind up being paid by consumers via higher prices for goods and services. Isn't it obvious that those who have the ability to pass their expenses on to others will do so? Why is it that polititians who advocate increasing taxes on oil companies for example aren't slammed by consumers since they will most liikely have to ultimately pay them?