Quote:
Originally Posted by sperbonzo
uhhhhh.... you do understand that taxes are always treated by a business as an expense, a cost, (if you are running it right), and therefore passed on to the customer in the price of the product or service right? So if you raise taxes on corporations then the price of their products must go up in order to cover this added cost, and therefore the average citizen is paying them. If you raise taxes on businesses so much that their pricing is no longer competitive, then they simply move, or go out of business. When that happens a country goes in the shitter.
I don't get how a grown up person in business doesn't understand that basic fact....
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not to mention your corporate tax rate is higher than any place else in the world.. 35% is ridiculously high already and the lone reason why huge conglomerates base their operations abroad still.
misterpeabody do you seriously run a business and not realize that? We pay 15% here in canada and business growth is flourishing because of it.