savingliberty.blogspot.com — "...Corporations DO NOT pay income taxes. While it would be correct to state that they physically write a check to the government, all the cost associates with paying those taxes, including the cost of compliance, are passed on to the consumers."
Nov 18, 2008 View in Crawl 4
machinepolitickNov 19, 2008
This is basic economics, but most people don't want to hear it. It is soooo much easier and gratifying to blame the 'rich' guys.
striker101Nov 19, 2008Submitter
I was in biz my whole life, so I hear ya. But taxes are a part of the cost of doing business, an overhead expense, and were taxes not included in the price, the business would soon disappear. and yes, I felt I was taking it in the shorts too, especially when the IRS came early one morning to lock up my biz for taxes due. Two guys with overcoats and each with a hand in a pocket like the mafia. The only point of all this is that everything ends up being paid by the consumer as pass-thru, really.
striker101Nov 19, 2008Submitter
Profit is the rational purpose of being in business, whether it's just a lone entrepreneur or Exxon/Mobile. The only real difference is that the loner can more easily starve, as vs the big corp disappointing it's investors/stockholders.
peppermintpigNov 19, 2008
DWalla, you're proving the point. You take a huge hit from the government to have the right to provide a service to consumers, and in order to survive you must compensate by increasing prices or lowering quality.It may sound misleading to say corporations don't pay taxes when they do. We shouldn't ignore the methods, nor should we ignore the result, but the result says the consumer of a product takes the brunt of the tax. But if we look at the methods, it also says that large corporations who have politicians in their pocket can manipulate the regulations and give small businesses the shaft. It is an anti-competitive environment, and that contributes to the increase in product and service prices as well. All of which is a consequence of increasing hurdles needlessly or to the benefit of a few large lobbying groups.
peppermintpigNov 19, 2008
In an open market situation, the small guy can still starve, but they have a hell of a better chance at operating than they do now. Bureaucracy in a large company will always help the small guy with a competitive edge.
ozymandias2012Nov 19, 2008
Downfall of the U.S explained: Accounts Receivable Tax Building Permit Tax CDL license Tax Cigarette Tax Corporate Income Tax Dog License Tax Excise Taxes Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (42 cents per gallon) Gross Receipts Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Personal Property Tax Property Tax Real Estate Tax Service Charge Tax Social Security Tax Road Usage Tax Sales Tax Recreational Vehicle Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax Telephone Recurring and Non-recu rring Charges Tax Telephone State and Local Tax Telephone Usage Charge Tax Utility Taxes Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax