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New Depends where the tax is applied.
And a tax on profits decreases net profit, not gross. A change in income/profit tax will take longer to work through the system..but will eventually end up in price. So the short term discussion will be in your favor, they won't immediately raise prices to counter.

There's no reason why govt shouldn't expect corporations to pay for services...but they pay for them with customer money. Companies don't make money, they make goods and services that people or other companies pay for. I'm not a proponent of eliminating corp income taxes as some are. I do think they can and should be lowered to improve the value equation of domestic investment.



I will choose a path that's clear. I will choose freewill.
Collapse Edited by beepster Dec. 6, 2008, 05:31:57 AM EST
Depends where the tax is applied.
And a tax on profits decreases net profit, not gross.

There's no reason why govt shouldn't expect corporations to pay for services...but they pay for them with customer money. Companies don't make money, they make goods and services that people or other companies pay for.

Providing something that anyone is willing to pay for is satisfying consumption.
I will choose a path that's clear. I will choose freewill.
     Interesting article on Angry Bear about the "companies pass - (jake123) - (14)
         The theory is simple - (jay)
         apparently doesnt understand a balance sheet - (boxley) - (12)
             Hey! Stop bringing up reality . . . - (Andrew Grygus)
             Ahh, but you don't take account how much margin is there - (crazy) - (7)
                 correct, except a lot of people miss the point - (boxley)
                 Bullpucky - (beepster) - (5)
                     We're all dead in the end. - (Another Scott) - (4)
                         read my post on the balance sheet - (boxley)
                         The vast oversimplification - (beepster) - (2)
                             That's a pretty broad definition of "consumption", isn't it? - (Another Scott) - (1)
                                 Depends where the tax is applied. - (beepster)
             That's far too idealistic. - (Another Scott) - (2)
                 thats a fact jack - (boxley) - (1)
                     Oh, to live in such a simple world - (crazy)

We're on a mission from GRR.
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