Quote:
Originally Posted by Undertoad
Corporations don't pay tax, they collect it. 100% of taxes paid by corporations are passed along to consumers. Lower corporate taxes means lower prices to us and less rationale to affect politics via the tax code.
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[grouch]So it would be in effect a consumption tax but easier to collect than a VAT? Speaking of politics in the tax code, are there not businesses like hedge funds which are presently focused less on consumers and more on stripping businesses and gaming the tax code anyway? I feel like I need to question much libertarian received wisdom because it appears the middle-class has disappeared by following certain conservative policies without skepticism. In my gut, I see the government and corporations working together against the interests of humans. We may be the consumers, but we are also the product being bought and sold.[/grouch]