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In reply to the discussion: Graphic: Who Pays Taxes [View all]DirkGently
(12,151 posts)56. Hmm. But taxes on people work differently?
If people's personal income taxes go up, they don't all go out and get higher-paying jobs so their after-tax pay is exactly the same, correct? They just have less, or if they must make it up, have a variety of ways to go about that.
Corporations are no different. A million things eat into corporate profits besides taxes, and they don't all just get added to the bottom line, because the market won't allow it. GM can try to raise the cost of its cars to compensate for taxes, but if Toyota doesn't, it gets the sale.
This is a specious argument that is quite simply propaganda from corporations who oddly don't like paying taxes, despite this theory that they don't really ever pay them.
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It's cheaper and easier for the govt to police a few corporations instead of millions of Americans.
grahamhgreen
Dec 2015
#6
You'd like the people who get millions in salaries to get it tax free?
muriel_volestrangler
Dec 2015
#15
id rather have the corporations collect them cause then if i decide not to buy their product
saturnsring
Dec 2015
#5
if their tax rate was 20% and no one bought anythng they had to sell who would pay their 20%
saturnsring
Dec 2015
#13
That's not really correct. Companies generally don't keep prices "low" out of the goodness of their
MillennialDem
Dec 2015
#33
That only applies in a cartel or monopoly scenario, and in the cartel scenario it only
MillennialDem
Dec 2015
#37
Yeah it is but you're a true believer and no amount of evidence will change your view
MillennialDem
Dec 2015
#39
Nope. Corporations do not just "pass on" all the taxes they pay. They can't.
DirkGently
Dec 2015
#19
So you agree no economists think corporate taxes are "generally" passed on to consumers.
DirkGently
Dec 2015
#54
Economists establishing corporate taxes aren't passed to consumers was probably "the best."
DirkGently
Dec 2015
#73
I assume the material in this post was written by an academic "economist".
former9thward
Dec 2015
#51
If you look closely, you can just barely make out the system "fix" that Bill Clinton made
Bucky
Dec 2015
#4
I would agree to eliminating all corp. taxes in exchange for no corporate campaign contributions
Yavin4
Dec 2015
#26
Those "market forces" are working well for the corporations...for us, not so much...
Bigmack
Dec 2015
#64
They'll just whine that the $4,000 per year is letting them keep their own hard earned money - which
MillennialDem
Dec 2015
#35
Do the corporations get tax breaks for expense of lobbyists and politicians on the payroll?
Tierra_y_Libertad
Dec 2015
#46