Los Angeles, CA
reply to Linklist
Re: Worth repeating - corporations don't pay taxes-customers do Only thing I hate about this shindig is that in both ways, the customer not getting screwed is the best-case result.
• Raise taxes on corporations: the tax gets pushed onto their customers in an increase to service prices.
• Lower taxes on corporations: they pocket the difference and report windfall earnings to their stockholders. Their customers see no corresponding reduction in price.
Companies like Verizon could probably even find a way to charge customers extra for a reduction in tax burdens. Call it a "we have to handle more income" fee, or whatever.