On Wed, 3 Aug 2011 23:02:30 -0700, "Califbill"
wrote:

wrote in message ...

On Wed, 03 Aug 2011 19:52:33 -0400, LilAbner wrote:

http://finance.yahoo.com/blogs/daily-ticker/

Corporate America Pays a Lot Less in Taxes Than You Think!


Not really, I know corporations pay zero in taxes, The taxes are all
paid by their customers and corporations make profit on the tax. It is
just another line item on their ledger and they price the product
accordingly..

The government likes taxing at the corporate level because people do
not see that tax. That is the allure of the VAT tax. Things just get
more expensive but people do not realize how much of that is tax.


Reply:
Well said.

What a bunch of bs. Corps. pay the lowest real tax in the 1st World.
The ship jobs overseas with no penalty. They get all kinds of
subsidies, but throwing real people out of work is the Republican
thing.

VAT would make sense, except the transition to a VAT economy is not in
the cards.