It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: UKTruth
This is basically an endorsement of Trump.
It's not rocket science. If taxes are low for business then everyone wins.
I can never quite understand why people let jealousy of the rich cloud their judgement and seem to prefer punishment for the rich even if it means they are worse off themselves.
originally posted by: JIMC5499
When are people going to learn? Corporations do NOT pay taxes. When the corporate tax rate increases, the price of goods and services increase to offset the amount that the corporation has to pay. All costs are borne by the consumer.
originally posted by: musicismagic
Taxes are fair for the common man
originally posted by: JIMC5499
When are people going to learn? Corporations do NOT pay taxes. When the corporate tax rate increases, the price of goods and services increase to offset the amount that the corporation has to pay. All costs are borne by the consumer.
originally posted by: JDeLattre89
a reply to: ScepticScot
Very true, most often the corporations have to cut back on spending in order to cover the new tax burden, which most often involves lay offs.
originally posted by: JDeLattre89
a reply to: Aazadan
Ok, i apologise but I understood zero of what you just said.
originally posted by: Blazemore2000
a reply to: UKTruth
Good lord you're endorsing trickle down economics. How out of touch with reality are you?
originally posted by: UKTruth
This is basically an endorsement of Trump.
It's not rocket science. If taxes are low for business then everyone wins.
I can never quite understand why people let jealousy of the rich cloud their judgement and seem to prefer punishment for the rich even if it means they are worse off themselves.
originally posted by: Aazadan
originally posted by: JIMC5499
When are people going to learn? Corporations do NOT pay taxes. When the corporate tax rate increases, the price of goods and services increase to offset the amount that the corporation has to pay. All costs are borne by the consumer.
If you lower the tax rate on business, then you're in essence getting fewer taxes from the citizens. Yet the bill still needs to be paid. This in turn brings about tax increases.
originally posted by: JIMC5499
When are people going to learn? Corporations do NOT pay taxes. When the corporate tax rate increases, the price of goods and services increase to offset the amount that the corporation has to pay. All costs are borne by the consumer.
originally posted by: buster2010
a reply to: UKTruth
If taxes are low for business then everyone wins.
Only in fantasy land. Here in America it means bigger dividends for the share holders and the employees and consumers get the shaft.
originally posted by: seasonal
Hint: the corporations keep the money.
originally posted by: jacobe001
Likewise, if it is the consumers that pay the corporate tax, then it is also the consumer that is paying for Corporate Lobbying and we need to find a way to have that come out of shareholder and exec pay instead.