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Um...no. So much no. When you tax a corporation it comes from shareholders.
by pravda 7y ago
Um...no. So much no.
When you tax a corporation it comes from shareholders.
- anchpop 7y agoWhen you tax a corporation it comes from the revenue and holdings of that corporation
- pravda 7y agoExactly! And since the "revenue and holdings" of a corporation are owned by the shareholders, it comes from shareholders.
- syockit 7y agoAnd when the shareholders want to maintain their after-tax income, they can certainly pass the buck to the customers or the employees, to a certain extent.
- pravda 7y agoIf a public company can increase prices to increase its profits, it means it is not setting prices correctly! Prices should be set at the profit-maximizing price. Taxes have nothing to do with it. Employee compensation is decided by the market.