EdwardBaiamonte
Platinum Member
- Nov 23, 2011
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I read it.
And you never know what your profit margin is on those sales?
Give me a break.
If you have been in business that long my man you know exactly or very close what your profit margin is on each sale and built into that is what you know your taxes will be.
Do not sit there and tell me you do not have a good idea what your taxes are on each sale and have that figured into your pricing BEFORE YOU SELL IT.
That is how it is done and that is how YOU DO it if you are in business for that long.
Unless you have a rich uncle.
Yes, and of course. BUT what I've been trying to say since this thread was started... I, as well as many other corporations, am NOT able to pass along ANY operational costs to the consumer. Not my tax cost, not my labor, overhead, materials, maintenance, utilities, etc.
That's generally how commodities work. Agriculture, oil, gas...
Understandable.... The taxes you can not pass along cuts into your profit, thus you may go out of business. So then you don't pay any taxes. The government loose revenue and prices raise on your product. Then the consumer pays more.
If companies can not make a profit when taxes raise, they go out of business.
That is why I hate our tax code. Businesses and workers should pay NO taxes. Get rid of the income and corp. taxes and replace it with a consumption tax.
a consumption tax is very regressive, discourages consumption, and has no Republican support at all because it would just be another tax
on top of all the other taxes. IT would be very simple and cheap to administer though.