Do businesses REALLY pay taxes?

Question

If you own a business you want to be able to make a profit. This is a good thing. It feeds the owners family and all the people who work for that company. Great thing. SO.. if the cost of something you sell goes up... do you just fire someone to make up for it.. or probably first raise the price. If taxes go up.. do you.. pay it out of your own pocket? or.. fire someone.. or... raise the price?
My point is... when politicians say they are going to make things better by raising taxes on business or the rich are they not in effect saying they are raising taxes on the poor and middle class? Are they not in effect ..gasp.. lying to us?

Answer 1

i am a small business owner and I PAY TAXES it seems as though the small business owner is paying taxes that make up for the rich or large companies that pay very little

Answer 2

Usually the business raises the cost of the goods it sells or the service it provides to cover the increased tax rate.

Same with shoplifting at a retail store. You and I pay for the items stolen in the form of higher overall prices.

Answer 3

Taxes -- oh, yeah, lots of taxes. And it may seem like the larger corps don't pay as much as the small companies, but they do provide many, many people with jobs and benefits like insurance and retirement that small companies can't afford to provide.

Payroll taxes are extremely high. So, when congress socks it to the companies that give us jobs, those companies have to pass that along somewhere, and often it's through cutting back on employees, their most expensive commodity.

Gotta love congress. They make more problems than they solve!

Answer 4

Oh jeez...

Look someone actually does have to fork out money to pay for the goods and services provided by the government.

You are taxed not because the government hates you or wants to punish the rich, but because someone has to pay for building roads, maintaining the army, maintaining the police, educating the vast majority of the people in the country, and ensuring that you don't have to single handedly support your 80 year old grandfather in his old age.

If these things were not provided by the government they would have to be provided by the private sector (imagine having to pay a toll every 1,000 feet you drive) or simply wouldn't be provided at all, to the detriment of society.

In fact you are under taxed-- the government doesn't collect enough money to pay for all the goods and services it provides, which means it has to borrow money which you have to pay off at a later date plus interest. I have absolutely no problems with the Democrats in congress raising taxes enough to erase the deficit or to provide certain services that I don't think the public sector provides fairly or efficiently (ie healthcare.)

Answer 5

i'm unsure of their good judgment yet try this convoluted explanation: companies manage taxes as expenses in an attempt to offset enhance expenses the corporation will enhance sales. least complicated thank you to enhance sales is to enhance the value of the products or centers you sell. continuously netting out the upward push, plus slightly on your attempt. hence companies at the instant are not pay taxes they're passing them alongside to US the consumer. So we get to foot the invoice back. good plan.

Answer 6

If the government actually made large corporations pay their share of the taxes, then the burden would be much lighter on on the rest of us. As it is, big business have made exceptions for themselves to limit tax liability, especially those in the oil and gas industry.

Answer 7

Very good you got it right on the $$. And yes ALL business pay taxes, one of the biggest is they have to match what you pay into social security, So if you have 15 employees paying $50.00 a week they get to pay $750.00

Answer 8

Kent your eyes have finely opened to what has been going on for centuries. Taxes go up and the expense is passed along to the consumer. Get used to it, this won't change in your lifetime.

Answer 9

yes they do. and sometimes it's a lot.