 pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | reply to sonicmerlin
Re: Verizon obviously doesn't hire math whizzes said by sonicmerlin:There seems to be relatively irrational belief among many conservatives that corporate taxes are simply passed on to consumers in the form of higher prices. It is hardly irrational because it is a 100% irrefutable fact. It is the economic version of the law of gravity.
And it isn't just taxes, every business expense is recouped from the customer.
said by sonicmerlin:It leaves out the obvious - if companies felt they could simply raise prices, they'd do it whether there were taxes or not. You ignore the fact that a business charges the highest possible price for a given product or service already. If a business raises its prices at this point, it risks losing sales. If sales decline and profit is lost or if after paying the tax there is too little profit (or a loss), the business might decide that providing the given product or service simply isn't worth the money.
Either way, the consumer pays the bill.
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Blagojevich / Madoff 2012! |
