Big Fitz
User Quit *****
- Nov 23, 2009
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Even so... WE paid an effective 12% or whatever the REAL number is. Corporations ALL pass the tax cost on to us, the consumers. You don't believe it, that'd explains why you couldn't profit in business.But corporations are people.
A corporation is owned by the shareholders, people.
And under the current system they are TAXED twice on their investment in any corporation.
FIRST under the absurd "corporate" tax rate BEFORE dividends are paid and again on dividend income. TWICE.
Who else OTHER than shareholders owns a corporation?
Corporations paid an effective 12% most recently. More Pub duperie.