[lbo-talk] Corporate Taxes, was why Prince is right

[Carrol Cox]

Eye problems. When I quoted shag's text, I couldn't  find the passage I
wanted to keep. I (Reasons too complicated to describe.) But she makes
the claim that corporations pass taxes on to their customeres. That
point, totally separate from her whole argument, is what I want to focus
on.

I don't think that's true. Taxes are a deduction from profit. They may
_try_ to pass the cost on, but a corporation is already charging as high
as it can and still sell enough,. That doesn't leave room for pasing on
the extra cost of a tax.

Doug may be able to comment more technically on this.

Carrol

shag carpet bomb wrote: