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sonicmerlin

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

reply to MyDogHsFleas

Re: There is no such thing as a tax on business

said by MyDogHsFleas:

Business "taxes" are simply part of the cost of doing business.

By the way, so are the costs of those class action lawsuits that are proposed as solutions to every problem by someone in every thread.

What happens to costs of doing business? They are recouped in increased prices to customers -- or the business goes out of business.

This is simple, basic, economics.
Businesses will stay in business until they go bankrupt. Investors will retain their stocks until that business goes bankrupt and they lose all their money. It happens all the time. Just look at Charter.

AT&T made $4 billion in profit in 2005. They tripled that to $12 billion in just a few years. They`re no where near `going out of business`.

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