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#11
September 6th 04, 01:58 AM
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The result is that taxes most definitely DO affect businesses, and since
they cannot pass along all additional expenses to their customers, part of the tax decreases their profit and so effectively the business owners DO pay taxes (separate from their personal income taxes, that is). To a degree -- but long before personal "profits" get cut the business "extras" will go out the window. Things like new equipment, landscaping, added staff -- ALL of that stuff will be eliminated long before a business owner's personal income is diminished. And THAT is how taxes hurt the economy. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" 
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