- Vote on answer
- posted
3 years ago
So you got nothing.
There is elastic demand and inelastic demand.
Taxes passed on can certainly harm an elastic product.
When the corporate tax is somewhat uniform across a whole industry, it really doesn't matter. Think of it as federal price fixing. Everyone passes on the same tax. They still win or lose based on their competitive advantages and balancing expense to revenue but the taxes are a floor on those expenses.
Only when you are competing with an offshore company that is not paying the tax.
The Seinfeld clip was a joke. I don't know what you were looking for. Am I supposed to take a look at your finances and recommend ways for you to pay less in taxes? That's not really a service that I offer.
I didn't see a seinfeld clip, only an ad I guess, that seemed pretty inappropriate. My bad.
It is sort of funny that a guy who has been here complaining about tax cuts for the rich pays no taxes.
I don't know what's funny about it. Have you ever listened to Warren Buffett? I guess he's funny, too.
He is talking about paying 15%, not zero
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