Business and corporate taxes? Are they taxes on the poor?

Business and corporate taxes? Are they really taxes on the poor?

When a business gets taxed, the tax is simply factored into the selling price of the products and/or services sold. Sold to anyone who buys the product or service, regardless of whether the purchaser is rich or poor, or anyone between the two.

So when politicians scream and demand that businesses pay more taxes, is it really a back door trick to force everyone, including the poor and the very poor to pay higher prices for everything they purchase?

If the poor outnumber the rich, then business taxes are a greater burden for the poor than the rich?

Makes one wonder if politicians who scream for higher business taxes are doing so with the intent of keeping the poor poor, thus more in need of government dependency to make ends meet. When in reality, eliminating taxes on businesses would result in lower prices that are more affordable for for the poor and the very poor.

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ViciDraco · 41-45, M

Not necessarily. If the price for an item goes too high, the poor won't buy it. Either because they cannot afford it or they do not value it at that price.

A business is going to sell an item for as much as they can. If a person is willing to pay $100 for an item, the business is going to charge $100 for an item. With the taxation, the poor person hopefully at least gets some governed services funding as a side effect of his purchase. Without the tax, the money just goes into investor class dragon hordes.

The idea that a business is going to lower prices instead of just pocketing the difference is just unrealistic.

nudistsueaz · 61-69, F

@ViciDraco what poor?

Heartlander

@ViciDraco You are ignoring the role of competition in a free market. When a business raises the price they create an opportunity for another business to sell the same thing for a lower price. For one business to sell a product at a higher price there has to be the perception that the higher price buys more value than the lower priced comparable product.