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Thaler
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join:2004-02-02
Los Angeles, CA
kudos:3

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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.

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