|
I believe that much of the corporate income, excess profit and consumption taxes are all paid by consumers in higher prices for gasoline as well as every product that has transportation costs. I often wonder why our political candidates are not challanged to explain this when they advocate increasing taxes on the rich oil corporations. Do they really not think that "Joe sixpack" will ultimately have to pay these taxes with higher prices for food, clothing, heating bills, gas for the car, etc..?
I guess one way to solve this would be to tax on the production end and fix prices on the consumer end but total control of the markets will probably not work for long.
|