"Mike Smith" <mws@wt.net> wrote in message
news:eadun7l8nh0dr5gt7ugulinn11jdu25sbb@4ax.com...
> On Fri, 6 Apr 2012 10:10:04 -0400, "Sid9" <sid9@ bellsouth.net> wrote:
>
>>
>>"Mike Smith" <mws@wt.net> wrote in message
>>news:h4jtn79ph6s0m7k7p9ares3nofmfl43gc8@4ax.com...
>>> On Thu, 5 Apr 2012 11:40:14 -0400, "Sid9" <sid9@ bellsouth.net> wrote:
>>>
>>>>
>>>>"Mike Smith" <mws@wt.net> wrote in message
>>>>news:0ksqn7h6324fj3dvhd6h5b20mo4turk786@4ax.com...
>>>>> On Wed, 04 Apr 2012 20:35:20 -0500, Steve Rothstein
>>>>> <stephan_rothstein@hotmail.com> wrote:
>>>>>
>>>>>>On 4/4/2012 6:37 AM, jim wrote:
>>>>>>>
>>>>>>>
>>>>>>> Steve Rothstein wrote:
>>>>>>>>
>>>>>>>> On 4/3/2012 6:38 AM, jim wrote:
>>>>>>>>>
>>>>>>>>>
>>>>>>>>> Steve Rothstein wrote:
>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>> The business is not a legal person in at least one sense. I can
>>>>>>>>>> not
>>>>>>>>>> own
>>>>>>>>>> a legal person. I can own a business. This is where your argument
>>>>>>>>>> falls
>>>>>>>>>> down. Taxing the business and the real person on the same money
>>>>>>>>>> is
>>>>>>>>>> double taxation.
>>>>>>>>>
>>>>>>>>> Its not my argument. It is the law that has evolved over
>>>>>>>>> centuries.
>>>>>>>>> Your view is a recent poorly thought out harebrained scheme.
>>>>>>>>
>>>>>>>> Not quite over centuries, or even one century. The income tax is
>>>>>>>> not
>>>>>>>> 100
>>>>>>>> years old yet.
>>>>>>>
>>>>>>> Corporations were taxed before income tax.
>>>>>>
>>>>>>Possibly. But the individual who received the profit from his
>>>>>>corporation by getting a dividend did not get taxed.
>>>>>>
>>>>>>The double taxation is the concept we are debating, not the taxation
>>>>>>of
>>>>>>a corporation.
>>>>>>
>>>>>>Steve Rothstein
>>>>>
>>>>> Corporations should not be taxed on their income. Every bit of their
>>>>> income tax is rolled into their cost of doing business and that is
>>>>> rolled into the price of their product. People buying their product
>>>>> pay that totally hidden tax.
>>>>> (estimated hidden tax on a gallon of milk = $1.05)
>>>>>
>>>>> Mike Smith
>>>>
>>>>Corporate income tax is NOT a cost of doing business.
>>>>There they go again!
>>>
>>> So, in your little fantasy world, if the several transportation
>>> companies used to get that gallon of milk from the farm to the retail
>>> store is paying 1% income taxes and it is jumped to 10% or 30%, the
>>> cost of that milk will not change?
>>>
>>> Dude, you need to sue your college for teaching you really stupid
>>> shit.
>>>
>>> Mike smith
>>.
>>
>>.
>>Do you have an accountant?
>>Do you know an accountant?
>>Do you know someone who prepares corporate tax returns?
>>
>>Corporate income tax is NOT a cost of doing business.
>>Corporate income tax does not raise the price of goods sold.
>>Money has no memory
>>
>>
>>It's the law,
>>Your statement is Republican propaganda.
>
> Like I previously stated... sue your college.
> You have a slam-dunk case.
>
> Mike Smith
Corporate income tax is NOT a cost of doing business.
Corporate income tax does not raise the price of goods sold.
Money has no memory
If you believe otherwise you are uninformed or a fool