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Study: Verizon Hasn't Paid a Cent in Taxes in 3 Years > Worth repeating - corporations don't pay taxes-customers do

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backness

join:2005-07-08
K2P OW2
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reply to fAcEtIOUs

Re: Worth repeating - corporations don't pay taxes-customers do

taxes are on profits! i.e what is leftover after sales - expenses = gross profit - taxes = net profit.

How on earth does that raise prices? Here is a great article on what has been done to the tax code.

»www.rollingstone.com/politics/ne···20111109

"When they [corporations] do not pay their taxes, someone else does – you and me." Ronald Reagan
to forum · permalink · 2011-11-10 11:31:24 ·
Forums > Study: Verizon Hasn't Paid a Cent in Taxes in 3 Years

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