[geeks] Re: Taxes

[Jonathan C. Patschke]

On Sun, 18 Apr 2004, Andrew Weiss wrote:

> There should be no way for a corporation to creatively avoid these
> charges.

But corporations DO NOT PAY taxes.  You cannot tax one.  It's not a
matter of loopholes.  It's a matter of basic economic theory.  Whatever
wealth a corporation "holds"[0] comes from customers.  Taxing
corporations taxes customers and employees and shareholders.  Period.
You cannot make XYZ, Inc. hurt by pouring on the taxes because, due to
the basic nature of corporations, a human being (not a corporation) has
to put forth those funds.

A corporation -has- to figure in its taxes while deciding what to
charge for the goods and services it provides, so, by taxing them, you
are merely lowering and raising the cost of goods and (inversely) the
salaries of the employees.


[0] Though, technically it's held by the shareholders, and not the
    corporation.
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Jonathan Patschke  ) "Being on the Internet is not the same as being
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