62 AD: "Biden will raise taxes on corporations and you will benefit". Ummm... more corporate taxes = higher unemployment + lower wages posted 178 days ago by faxinator 178 days ago by faxinator +62 / -0 Some benefit,eh? 4 comments share 4 comments share save hide report block hide child comments Comments (4) sorted by: top new old worst ▲ 3 ▼ – NoMoreMao 3 points 178 days ago +3 / -0 Don't forget higher prices = less disposable income and lower standard of living. permalink save report block reply ▲ 3 ▼ – fskfsk 3 points 178 days ago +3 / -0 Common misconception: Corporations are abstract fictional entities. Any taxes they pay will be passed on to customers (higher prices), employees (lower salaries), or investors (lower returns). permalink save report block reply ▲ 1 ▼ – LeftCoaster823 1 point 178 days ago +1 / -0 **THIS. ** permalink parent save report block reply ▲ 1 ▼ – LeftCoaster823 1 point 178 days ago +1 / -0 Corporations pay taxes? I thought people paid taxes... permalink save report block reply
Don't forget higher prices = less disposable income and lower standard of living.
Common misconception: Corporations are abstract fictional entities. Any taxes they pay will be passed on to customers (higher prices), employees (lower salaries), or investors (lower returns).
**THIS. **
Corporations pay taxes? I thought people paid taxes...