Originally posted by: dullard
Originally posted by: Amused
A tax on business in nothing more than a tax on consumers. Businesses merely pass the cost of any and all taxes on to consumers. If anything, business taxes do little more than make the US less competitive on the world market, meaning jobs are lost.
If there was real competition, there is no profit, and thus corporations pay no taxes.
(That is the definition of a competitive market, if there is profit, another competitor will enter the market thereby reducing the profit, this pattern continues until the profit is zero).