Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (41148)	9/8/2005 6:13:25 PM
From: rayok	Read Replies (1) \| Respond to of 110194

A corporation that does not pass on ALL taxes, soon ceases to be a corporation.

To: Elroy Jetson who wrote (41148)	4/24/2006 5:09:52 PM
From: rayok	Read Replies (3) \| Respond to of 110194

Thankfully someone has a clue. WASHINGTON (MarketWatch) -- The Senate's top tax writer was cool Monday to calls to impose a windfall-profits tax on oil companies. Ultimately, "only consumers pay taxes," Senate Finance Committee Chairman Charles Grassley, R-Iowa, told reporters. "I see it as driving up the price of gasoline." Grassley said he was also "somewhat backing off" an inventory-based tax proposal aimed at the oil industry. Rising gas prices and record oil industry profits have led to growing calls by lawmakers for a profits tax, as well as tighter industry oversight. End of Story "The ides that "consumers pay for all taxes" is false, even though its a very popular idea in some circles."