Corporate Tax Rate Spurs Political Fight With More Than $1 Trillion at Stake
17th June 2024
To repeat what everybody ought to know already: CORPORATIONS DO NOT PAY TAXES. CORPORATIONS MERELY COLLECT TAXES. Any tax that they ‘pay’ is, from an accounting standpoint, a business expense and is folded into the price that they charge their customers. IT IS THE CUSTOMERS OF CORPORATIONS WHO PAY THE TAX.
In any population, half of that population are below average in intelligence (by definition), as this persistent fable of ‘taxing corporations’ makes clear.
I would be in favor of making an IQ test mandatory in order to be able to vote.