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Post by clarencebunsen on Jan 31, 2008 6:50:31 GMT -5
I stand corrected
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Post by Swimmy on Jan 31, 2008 13:32:45 GMT -5
So, in theory we consumers are really being triple taxed for the goods and services we consume.
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Post by frankcor on Jan 31, 2008 22:45:14 GMT -5
No, swimmy, in practice, not theory. Corporate tax is paid by the consumers. That's why the founders never envisioned an income tax on top of that. But then, they weren't the blood-sucking, self-serving, patronizing predators we elect now-a-days.
Value Added Tax (VAT) kicks it up a notch further. VAT tacks on a sales-like tax at every hand-off in the creation of a product which is ultimately paid by the end-consumer. (a farmer buys feed and VAT is paid on the feed, passed along to the processor when the farmer sells the cow and vat is added, passed along to the meat packer when the carcass is sold to the butcher, etc. etc. etc. You pay the total VAT when you buy the hamburger at McDonald's.) Canada has corporate, income and value added taxes to suck the life out of their economy. A sign of things to come in the US.
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Post by Swimmy on Jan 31, 2008 22:54:57 GMT -5
Can we just send wcup102 over to washington in an Abrahms tank to take over the country and set us all straight? It would be so much easier than listening to hrc tell her lies.
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Post by frankcor on Feb 1, 2008 0:04:59 GMT -5
If you're talking revolution, I'm THIS -->||<-- close to climbing on top of the Abrahms and manning the 50-caliber.
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