Sunday, October 18, 2009

Why do business taxes make sense?

It seems logical to me that if we raise revenue through business taxes, new or current, that the majority of that tax just comes back to 'a' consumer in higher prices for the business service/product. It also seems true that by raising the cost of the business service/product they become less competitive on the world scene, likely resulting in lost business which than may translate into a loss of US jobs. In either case 'we' pay. What am I missing?

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