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<blockquote data-quote="AKCoverMan" data-source="post: 4627664" data-attributes="member: 17867"><p>You understand that all these companies followed the law? There are rules about carrying losses forward etc. Should they all just pay in more than they are required to just to be nice? How much do you overpay your tax bill?</p><p></p><p>Finally, realize that all corporate income taxes are simply expense past on to the consumer. So, go ahead, tax the hell out of the “evil corporations”, but don’t cry when prices go up to cover it.</p><p></p><p>I would tax corporate income at zero. But then I would tax individual income at zero too, income and profit should not be penalized. Tax spending instead. The so-called “rich” will always spend more so they will pay more.</p></blockquote><p></p>
[QUOTE="AKCoverMan, post: 4627664, member: 17867"] You understand that all these companies followed the law? There are rules about carrying losses forward etc. Should they all just pay in more than they are required to just to be nice? How much do you overpay your tax bill? Finally, realize that all corporate income taxes are simply expense past on to the consumer. So, go ahead, tax the hell out of the “evil corporations”, but don’t cry when prices go up to cover it. I would tax corporate income at zero. But then I would tax individual income at zero too, income and profit should not be penalized. Tax spending instead. The so-called “rich” will always spend more so they will pay more. [/QUOTE]
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