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> Income taxes shouldn’t exist in my opinion. The government can already tax consumption. Why do they need to bilk citizens out of both ends? If you tax ONLY c

> Income taxes shouldn’t exist in my opinion. The government can already tax consumption. Why do they need to bilk citizens out of both ends? If you tax ONLY consumption, taxes will simply be passed on to the last mile which is consumers.

rcpt 6y ago
Tax incidence is not that simple.
AdrianB1 6y ago
All the taxes are always paid by the consumers, corporations don't bring money from home to pay taxes, they just pass it to consumers.