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re: Gov. John Bel Edwards wants big changes in how LA biz, individuals taxed
Posted on 3/17/17 at 4:19 pm to doubleb
Posted on 3/17/17 at 4:19 pm to doubleb
quote:
Again the business won't pay the tax the person that receives the goods or services will pay and that is you.
This is true... but that happens with corporate income tax, too. It's just not as transparent.
All corporate taxes are passed on to the end user.
Posted on 3/17/17 at 4:28 pm to LSUFanHouston
quote:
All corporate taxes are passed on to the end user.
Exactly, and something like this will be worse than a 1% sales tax increase because revenues will be taxed not items.
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