On Jun 1, 5:17*pm, Free Lunch wrote:
On Sat, 1 Jun 2013 16:11:09 -0500, "Attila Iskander"
wrote in alt.atheism:





"Free Lunch" wrote in message
.. .
On Sat, 1 Jun 2013 08:38:48 -0700 (PDT), "
wrote in alt.atheism:
...
All of which are doing exactly what I said. *They are paying a hell of
a lot in total taxes. *It's just that the effective rate gets reduced
from 35% to 15% or 20% through various tax exemptions.
So what? * It has nothing to do with people getting all kinds of
free handouts from the govt who are PAYING NO INCOME
TAX at all. * Capiche?

So it's okay with you if GE doesn't pay income tax, but if a person
living on $8,000/year doesn't pay any income tax, you are livid.

You must be very sad that Michele Bachmann decided not to run again.

Not a SINGLE corporate entity actually pays "income tax"
For the very simple reason that to a corporation a tax is just another cost
that is factored into the bottom line
The tax is ultimately paid by the consumer
Corporate tax is nothing but indirect citizen tax

Which is a great argument for a gross receipts tax, which is far harder
for corporations to dodge.- Hide quoted text -

- Show quoted text -

You imbecile. Attila's point is that any tax on a corporation
is passed on just like any other cost and consumers, for the most
part, wind up paying it. If the price of wheat goes up, Kellogs
raises
the price of cereal. If the cost of gas for the ovens goes up, they
raise the price of cereal. If their taxes go up, whether it's an
income tax or gross receipts tax, what do they do?