Bouton...
You won't be happy until you tax wealth out of existence, will you?
Those evil oil companies, the answer to all our problems is to tax them more
Corporations don’t pay taxes. Corporations collect taxes. They collect taxes from consumers who ultimately pay the tax. You add a tax to a product and a consumer’s going to pay more. It doesn’t pass the straight face test. I wish we would quit, as the gentleman from the Texas said, quit trying to play pint he tail on the donkey. We know corporations don’t pay taxes. Consumers pay taxes, corporations just collect it.
A Joint Economic Committee report found that “the removal or modification of [one of these subsidies] is unlikely to have any effect on consumer prices for oil and gas.” For the record, 74 percent of Americans favor ending Big Oil subsidies — people that Posey calls “stupid.”
http://thinkprogress.org/2011/04/09/...rporate-taxes/
=============
And oilco/gasco Corporate-Americans don't pay the external costs of their business, Human-Americans do.
Bouton...
You won't be happy until you tax wealth out of existence, will you?
There are currently 1 users browsing this thread. (0 members and 1 guests)