BULLDOG
Diamond Member
- Jun 3, 2014
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Was that a yes or a no? Are you saying no corporate profits are ever effected or reduced by taxes?Their profits are calculated by what they take in compared to what it cost them to get their products out there. The difference is profit. But if they calculate into the equation the fact that will need to pay the taxes, they will add that cost into the mix to determine the higher price per unit.
Thus, ultimately, the consumers pay the taxes.