So...Obama proposes to cut corporate tax rates from 35% to 28%.

[fairsheet]

In a free market - as opposed to a Soviet-style system - the consumer makes his own decision as to whether or not to buy the product and pay the tax. Some people - like Staples above, seem to prefer the Soviet-style system that takes the consumer out of the decision making process.

Every time anyone suggests raising any sort of tax, radical-right-socialists come out of the woodwork shouting what they seem to feel is the dirty little secret that increased taxes redound to the consumer. These radical-socialists down seem to understand that that's no secret and it's exactly how it's supposed to be!

 

[fairsheet]

Exactly. Who else can? Even in the flat tax world some support, transactions are taxed at each level of consumption. The consumer of resources pays a tax...then the consumer of the product made from those resources pays the tax. Some are sales, some are excise...I admit it is a complex structure, but too many merely attempt to demonize taxes, no matter their source or use.

I have this weird idea that wages take taxes into consideration....i.e...a 28% tax is levied on wages...then the pay reflects that as a cost of doing business....and is somewhere close to 28% more than the employee would receive if taxes didn't play a part.

By the way...you're absolutely right as to taxes, wages, and equilibrium. The righter kooks love to shout that poor people should pay more taxes. But, you'll not hear actual wealth and/or job creators spewing that silliness. They know damn well that any increase in taxes on labor, would only serve to increase their labor costs.