LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #5   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default Corporate income tax, a silly idea

On Fri, 8 Apr 2011 09:06:09 -0700 (PDT), Frogwatch
wrote:

A corp makes a gadget and needs 10% profit. They get taxed at 20% on
that 10% profit (or .2*.1=.02) so they simply increase their price by .
02. Guess who pays that .02? The consumer does. Corporate income
tax is simply a way to make personal income tax higher without making
it so obvious. The only people it benefits are accountants.


Idiots like you have no clue about how things actually work.


 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
AP on Obama's Claim a Tax Isn't Really a Tax: You Lie Toots Sweet General 24 September 23rd 09 11:41 PM
Good Idea - Bad Idea lorad General 1 December 17th 08 04:05 PM
Good Idea - Bad Idea Reginald P. Smithers III, Esq.[_3_] General 0 December 16th 08 07:19 PM
Good Idea - Bad Idea The tragedy of balding men with long hair General 0 December 16th 08 06:47 PM


All times are GMT +1. The time now is 03:57 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017