Saturday, July 27, 2013
A Global Revenue Grab - WSJ.com
This concept is rarely spoken or printed in the media.
Elected officials falsely convey that higher taxes on businesses somehow do not impact individual taxpayers.
Simply put, ALL taxes on businesses are eventually payed by customers...
Elected officials falsely convey that higher taxes on businesses somehow do not impact individual taxpayers.
Simply put, ALL taxes on businesses are eventually payed by customers...
Near the end of a recent Wall Street Journal article, this appears:
"Whisper it, but corporations don't pay taxes anyway. They merely collect taxes—from customers via higher prices, shareholders in lower returns, or employees in lower wages and benefits. The BEPS bogeyman would vanish if corporate taxes did."
