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note Businesses do not pay taxes. New

Forum: LiquidLounge
Re: note whew...what a day in the LL....roughest I've seen it in several years....the latest name I've heard Sarah called is dneesh New
Re: feedback I think she would make a good VP snacker55 New
Re: news McCain's economic policy sounds like more of the failed "trickle-down economics" which actually doesn't (trickle down.) GRITS New
Date: Sep 05 2008, 3:52 GMT
From: scott9878

Sure, they have a tax burden, but it is simply passed on to the consumer in the form of increased prices. So, if you raise taxes on business, you raise prices for the consumer. How is this a good thing? Government needs to stay out of business, and let the market work.

I do however completely agree with you on trickle down economics. I am still not sure how this is supposed to work.

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note True, business will pass on as much of their tax burden as they can, but the market also plays into that. GRITS New
note PS re trickle down, the way I understand it is that the theory is that if you give big tax breaks GRITS New
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