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jjeffeory

join:2002-12-04
USA

reply to fAcEtIOUs

Re: Verizon obviously doesn't hire math whizzes

You can't alway pass on these taxes to the customers in all business if you can't set your own rates. Believe me, I know from experience. Not all corporations pass increases in tax to their customers.


fAcEtIOUs
Premium
join:2002-03-03
kudos:4

1 edit

said by jjeffeory:

You can't alway pass on these taxes to the customers in all business if you can't set your own rates. Believe me, I know from experience. Not all corporations pass increases in tax to their customers.
True. Those corporations go broke and go out of business or move to Asia.
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lakerfan82

join:2009-01-30
Corona, CA

reply to jjeffeory

said by jjeffeory:

You can't alway pass on these taxes to the customers in all business if you can't set your own rates. Believe me, I know from experience. Not all corporations pass increases in tax to their customers.
In the world of telco's you sure can. When they only ever have one or two competitors, its easy for them to just pass on the tax to their customers. Take a look at your phone bill and look at all the taxes and fees they are passing on to you.

sonicmerlin

join:2009-05-24
Cleveland, OH
kudos:1

reply to fAcEtIOUs

said by fAcEtIOUs:

said by jjeffeory:

You can't alway pass on these taxes to the customers in all business if you can't set your own rates. Believe me, I know from experience. Not all corporations pass increases in tax to their customers.
True. Those corporations go broke and go out of business or move to Asia.
Considering the billions in profit Verizon makes each year, and the hundreds of millions in debt it was able to write off with its deal with Fairpoint, and considering they have duopolistic control with AT&T over special access lines through which they can charge artificially marked up prices, I doubt Verizon's going to go broke any time soon.

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