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CORPORATE TAXES who pays them....really ?
posted at January 29, 2012 5:29 PM EST
First: February 29, 2008
Last: May 17, 2013
Yes, you are paying them their profit margin. And, that profit margin covers every single item of expense for the manufacturer, (for Walmart too) whether it is salaries for employees, health care expenses, rent on the factory, rent on the warehouse, tires for the truck which hauled to stuff to WalMart, electricity, water, garbage disposal utilities, property taxes the manufacturer, or WalMart, may have paid, income taxes the CEO paid on his little sliver of the wholesale price, whatever. For that specific product, that bottle of shampoo, maybe, you paid all the costs including all the taxes, be they sales, income, whatever, for that bottle of shampoo.
So, the very idea that a Corporation pays "income tax", or "business tax", is just b.s. ...... all Corporations do is collect tax revenue and hand it to the government ........ the idea that Corps pay taxes is a scam that has been sold to the common people ever since taxes have been collected from businesses .............
Rich people pay taxes, too ..... because they consume, just like you and I do; and, if a rich person consumes a lot, then he/she pays a lot of taxes; but, if the rich person consumes the same amount as you, then the rich person pays the very same tax as you ......... no more, no less. Don't be confused by income taxes; that profit margin you paid to WalMart and the manufacturer of shampoo contained a markup for the approximate amounts they expect to have to hand over to the Feds as "income tax" on that 16oz bottle of shampoo ..........
( Permission was granted to reprint this by a friend who goes by "Senior" ) Very insightful I must say.
Re: CORPORATE TAXES who pays them....really ?
posted at January 29, 2012 5:50 PM EST
First: March 4, 2009
Last: May 18, 2013
|You are speaking about sales tax aren't you? obiously, if you don't have investments that provide you with dividends that you can deduct at 15% like Romney and are just the poor slob that gets a salary. Then I guess that we are all equal.|