We Pay Corporate Taxes (not corporations) 09/29/2011
As my co-worker Bill is fond of saying, "...corporate taxes don't exist." Think about it. Ultimately, businesses pay taxes from whatever profits they reap from us buying products, goods and services. Businesses rarely use a pricing model that reduces their profit margin and so the end result is that when you raise corporate taxes, companies just charge higher prices passing the taxes onto me and you; consumers. I'm not saying that we should end the corporate taxes, but if we understand that we're the ones who eventually pay it- that it all ends up in our laps eventually when we buy goods and services- I think it will help us stop blaming "evil corporate America" and start thinking clearly about how to get out of the mess we've made of things. 2 Comments Praise and Criticism for Rob McKenna 03/24/2010
As you may or may not know, Rob McKenna, Attorney General in Washington State is joining his friends in the GOP to file a lawsuit against the healthcare bill that was passed in the House this week. While I praise McKenna's bravery in standing up against the majority of the voters and politicians in Washington (for what he believes in), I must agree with Washington Democrats that using the state's money to do so is a misappropriation of taxpayer funds considering that he doesn't have legitimate consent of the public. Get that first McKenna, and then you can sue away if you want. | Follow Me Nathan Recommends
Micah Tillman |
