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Because taxes are taxes.. From what I gather.. Local taxes are lower to written off for many of these large companies too but we don't have that in this story.. You just want to stick to the federal because of the article because you got it wrong and want to save face.. Its ok.. Maybe you should get a sharpie
You posted an article about corporations' federal taxes in your OP. Clearly, you're confused and can't even follow your own train of thought.
Because taxes are taxes.. From what I gather.. Local taxes are lower to written off for many of these large companies too but we don't have that in this story.. You just want to stick to the federal because of the article because you got it wrong and want to save face.. Its ok.. Maybe you should get a sharpie
Sure taxes are taxes, but you can't compare total taxation with federal only taxation and get an unbiased perspective.
You pay several thousands in taxes, state, federal, sales, property, telecoms, etc.
So do businesses.
However comparing what you pay in total to a companies federal taxes is either misinformed, or deliberately dishonest. You can deduct some state taxes from your Federal filing, so can businesses, often they have more deductions because they can, just like you, deduct for investments.
So its apples and oranges. Even comparing federal tax burden between states is apples to oranges because of federal deductions that can be made for certain state taxes.
If you believe companies pay ZERO taxes, you are VERY naive!
Seems low-info people are easily manipulated by such intentionally deceptive rhetoric. /sigh
They still can't grasp the fact that end users/consumers pay whatever taxes corporations are charged, even including the corporations' share of payroll taxes for their employees. The taxes are embedded in the price of everything we buy, rent, etc.
To have a point, you'll need to show the big price cuts these corporations passed on to consumers when they got their big fat tax cuts.
Don't be a simpleton. As already explained, if other costs have increased, which corporations don't pay, their customers do: real estate tax, insurance (both on the business and for their employees), utilities, etc., a tax cut won't result in lower prices. An exception is some electronics due to components being far less costly than they used to be.
To have a point, you'll need to show the big price cuts these corporations passed on to consumers when they got their big fat tax cuts.
You're obviously not following the ball.
Initial prices incorporate materials labour, overheads, and taxes. When taxes fall the retail price is already set, the company benefitting from the tax cut will do some math and determine whether it will receive more or less income from higher volume at marginal price cut, or retain current pricing with higher profit.
It does not follow that reducing taxes reduces prices, but, it always follows increasing taxes increases prices.
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