Thread: Tax Code Reform
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fintstone fintstone is offline
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Quote:
Here is the question: Of the largest American corporations (let's say the 100 largest corporations using gross business volume as the measure since profits can so easily be manipulated), how much tax did they pay last year?
Why would that matter? Corporations don't really pay taxes per se, They just pass the cost on by raising the price of whatever they produce and the buyer actually pays or in rare circumstances, decrease the dividend so the shareholders don't get as much. That is why all this silliness about increasing taxes on corporations is just that....silliness. The only time those rates mean anything is when thay drive the price of doing so high that a company can't compete and calls it quits or moves overseas.
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Old 04-14-2004, 02:43 PM
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