This is why you CAN NOT punish a Corporation, with tax increases!

in corporate-taxes •  6 years ago  (edited)

I hear people constantly cussing corporate America; and screaming that their taxes need to be increased to punish them!

There is a TOTAL lack of understanding here People! It needs to be understood, that these corporations remain untouched by this vitreol! They are actually composed of most of the Fools; that are bad mouthing them! They are OWNED by their stockholders; a lot of these stockholders, do NOT even understand; that through their 401k plans, They ARE the owners!

The other thing that seems to be beyond them, is the FACT that Corporations DO NOT PAY TAXES! I have been in those meetings, and I can tell you EXACTLY what happens when you increase their tax load by 10%. They will raise the cost of the product YOU buy, by 12%. This is true 100% of the time; the end user pays all taxes added to any product, period.

So the Corporations, financed by the protester's money through 401ks; and covered from tax problems by the wallets of these SAME protesters; remain comfortable! The protesters screaming, only manages to punish themselves; to the amusment of their targets.

Sorry people; but THIS is how the World works!

:) :0

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If you want to punish a corporation, sell their stock short! :)