Who really pays?
In his letter “Budget & business taxes” , Ronald Nicely stated: “Business taxes are paid in part by purchasers of the product made and by the employees and stockholders of the company.”
I believe that no business pays any business tax.
Except where competition prevents it, the business simply collects the business taxes from its clients or customers through added costs. These taxes are then sent by the business to the state government, which spends it on WAMs (Harrisburg lawmakers' “walking around money”), subsidies to favored taxpayers or, in the case of the federal government, on stimulus projects like Solyndra or, again, gives it to cronies to ensure elections.
If business taxes were eliminated and the business reduced its prices accordingly, and competition would force this reduction, the taxpayers/clients/customers would have this money to spend far more wisely than any government and the economy would be better off.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
Subscribe today! Click here for our subscription offers.