Tag Archives: consumer taxes

We Pay Their Corporate Taxes For Them

Walter Williams has written a good piece about the hidden taxes we pay due to the fact that businesses pass all corporate taxes on to the consumer in the form of higher prices.  Essentially we are paying the corporate taxes when we purchase the product.  Legislators have designed the taxing process this way to hide some tax collection, making it less offensive to the citizenry.  We are fooled into thinking someone else, in this case big business, is helping us out by sharing the tax burden.  It seems more equitable this way.  No one follows the money to see that in the end, we are still paying all the taxes. Continue reading