Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
No, I posted a link that ITEP labeled and posted, itself.
The inescapable fact you cannot avoid: ALL corporate taxes and every other corporate expense is paid from sales/rental revenues. The net effect? Consumers pay corporate taxes, just like they pay all of the corporations' other expenses.
That, of course, harms the poor the most. Why is that? Because the poor must spend all or almost all their money buying/renting their basic necessities (food, clothing, shelter, etc. -- and, yes, large residential rental companies pay corporate taxes). The same is not true of higher-income earners.
You were wrong, and now are trying to avoid admitting it. Just fess up and take it. Sometimes this happens when you respond too quickly, and you specifically have caught me doing that too.
You were wrong, and now are trying to avoid admitting it.
I am not wrong. The inescapable fact you cannot avoid: ALL corporate taxes and every other corporate expense is paid from sales/rental revenues. The net effect? Consumers pay corporate taxes, just like they pay all of the corporations' other expenses.
That, of course, harms the poor the most. Why is that? Because the poor must spend all or almost all their money buying/renting their basic necessities (food, clothing, shelter, etc. -- and, yes, large residential rental companies pay corporate taxes). The same is not true of higher-income earners.
If you disagree, explain out of which income/revenue corporations get the money to pay their tax bills and all their other expenses. We'll wait...
I am not wrong. The inescapable fact you cannot avoid: ALL corporate taxes and every other corporate expense is paid from sales/rental revenues. The net effect? Consumers pay corporate taxes, just like they pay all of the corporations' other expenses.
That, of course, harms the poor the most. Why is that? Because the poor must spend all or almost all their money buying/renting their basic necessities (food, clothing, shelter, etc. -- and, yes, large residential rental companies pay corporate taxes). The same is not true of higher-income earners.
If you disagree, explain out of which income/revenue corporations get the money to pay their tax bills and all their other expenses. We'll wait...
LOL. STILL trying to avoid talking about being wrong. I think you've actually embarrassed yourself more by not doing so then by simply admitting it....THEN going to this entirely different discussion.
LOL. STILL trying to avoid talking about being wrong.
I understand you "think" I'm wrong. Just answer this... explain out of which income/revenue corporations get the money to pay their tax bills and other expenses. We'll wait...
What's your point here? OK, customers indirectly pay all of the taxes a corporation pays, because that's where the money comes from. Satisfied?
Now, who pays your personal taxes? Hint, by your logic, it's not you.
Now of course, you ignore the fact that a corporation will not drop prices if taxes go down, the money will simply go into the bank.
Actually, when a corporation has an excess in income/revenue, it frequently goes towards stock buybacks. Who does that help? About 100 million US workers and retirees who have, in aggregate, $29.1 trillion worth of investments in their pensions and/or retirement accounts. Those 100 million people benefit from stock buybacks, just like any other shareholder. In fact, that's been a huge WIN for them.
Heres the short version. Its immoral to tax that which a person needs to survive. Thats why the truly poor here pay very little in taxes.
It's immoral to tax others to cover what one does not wish to do for him/herself.
McJobs are NOT careers. Not taxing the staff is subsidizing them to continue making the same poor choices that led to them, as adults, doing jobs best suited to train a 16 year old on what to expect to be required of them, at work.
Hence, all people should pay some federal income tax, based on the same percentage of gross pay.
How come corporations ever have losses? They should just adjust their prices by the amount needed and the consumer will cover that, right?
If they can't absorb the losses, they do. Either that, or they go out of business. Pretty common, actually. Over the last 25 years, about 7%-9% of employer firms close every year.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
