Quote:
Originally Posted by Cimarron29414
Corporations don't pay taxes - that expense is passed on to the consumer. If you raise taxes on corps, you merely raise taxes on consumers. All taxes land with the individual, ultimately. Not that that makes any difference to the matter at hand.
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I was being a bit direct. The tobacco companies would have a much easier time if their product didn't have the shit kicked out of it in taxes.
Quote:
Originally Posted by Derwood
They aren't being charged with the same taxes that individuals are (and vice versa)
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Learn something new everyday. Don't corporations pay taxes even
after profits are tallied? Don't they have to factor everything in including production costs
then subtract profit taxes?
I was under the impression squeezing corporations ultimately hurts consumers.