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Topic91 profitable Fortune 500 companies paid $0 in taxes in 2018 under Trump's tax
BlackScythe0
12/24/19 11:15:33 PM
#28:


Mr Hangman posted...
Not really. Do you send the sales tax check to the IRS? No, the company does. You pay it in the sense that prices are higher because of it, but is the same thing not true for all the rest of the taxes down the line? You pay the corporate tax and the employees income taxes just as much. Companies don't even have to show you a sales tax on a bill. They could just charge what they charge and handle the sales tax internally in a way that's completely invisible to the customer. They don't do that because leaving it off the sticker price creates the illusion of lower prices. One place does that and everyone else has to follow suit to compete.

lol the back peddling.
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