Your very own suspected terrorist

"Ash Wyllie" wrote in message
...
Tom Sixkiller opined

"Ash Wyllie" wrote in message
...
Wdtabor opined

Actually, it is not clear who pays corporate taxes. The choices are
employees,
customers or owners. But it is not corporations.


I forgot suppliers.

Same thing.


Actually, it's quite clear:

Owners through pass through taxes, and customers as a part of the price
they
pay for goods and services.

Only if management can pass on the taxes. GM has enough trouble getting
current list price for its cars.

That's a dealer issue, GM is still making a tidy sum on each vehicle
(regardless of what BS they post in the ads).


Getting people to pay more would be
difficult.

Hasn't stopped them in the past. Look at how much they spend for any form of
entertainment. People said they wouldn't go to the movies when the price hit
$4, $5, $8...but each year they set reconds as the price is not $8 and even
$10-12.



As for employees, well, to the extent of payroll and employers portion of
FICA.

Taxes are usually paid by the owners in lower dividends or capital gains.
But
if the employment market is weak it is paid by employees. Strong unions
can
put pressure on non-union suppliers.

And thus depress wages further.


If there is no competition for the product customers pay the tax.

What product would that be? IAC, customers ALWAYS pay the tax; the money a
company has doesn't materialize out of thin air.


In all cases though, it is individuals who pay the tax, not companies. But
which set of individuals varies from company to company and time to time.

It's either customers in the form of higer prices, or employees in the for
of employers portion of FICA.


So it is not clear who pays corporate taxes.

Outside employment taxes, it's always the customer. No one else can pay the
taxes because no one else provides revenue for the company.