Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (478358)	5/6/2009 2:29:36 PM
From: Steve Dietrich	2 Recommendations Read Replies (1) of 1573927

Mostly it loses site of the fact -- one which liberals do not comprehend -- that corporations do not pay income taxes. Their customers pay them. More nonsense from someone who doesn't understand economics. Ever heard of elasticity? Companies ideally charge the price that maximizes profit. That price is not effected by taxes. It's effected by demand for their product. It's the shareholders who would be hurt by higher corporate taxes, as profits would be less. SD

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