Corporations don't pay taxes, people do!

in #tax3 years ago

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Corporations don't pay taxes. People pay taxes.

That's not a statement of values. It's a statement of fact.

No matter the tax rates, or structures, or enforcement on corporations, no corporation in any country under any system will ever pay taxes and no corporation ever has paid taxes.

Ultimately every tax is paid by a human being.

99.999% of the time what we call "corporate taxes" are ultimately paid by the employees in the form of lower wages and fewer benefits or the consumers in the form of higher prices. In the 0.001% of the cases that it hits the rich, it's when the tax has already taken what it can from the average human being.

Regardless, taxes are paid by people. Stop pretending that you can tax an entity that isn't conscious.

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