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Edwin Pawlowski
 
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"FDR" wrote in message

The S&P sheets say otherwise. For instance, Citigroup last year has a
pre-tax income of $24,182 million, an effective tas rate of 28.6%, and a
net income of $17,046 million.

So, companies do pay taxes.


Where does the money come from to pay those taxes? From the consumer, of
course. The company may send the check to the government but the people
still pay the taxes for every business. If you tax a business, it sounds
good and is easy for politicians to sell to the voters, but the reality is
those costs of doing business are passed on to the customer, you and me.