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re: Trump announces External Revenue Service
Posted on 1/14/25 at 8:06 pm to Longhorn Actual
Posted on 1/14/25 at 8:06 pm to Longhorn Actual
quote:Who pays tariffs?
For starters, corporations don't pay taxes. Shareholders do. They pay them as "corporate tax" and then they pay tax when they realize their gains.
And if you want to take it a little further, customers pay those taxes.
The only entity able to pay a tax is a human being. A company can no more pay a tax than a chair can pay a tax.
Posted on 1/14/25 at 8:23 pm to Evolved Simian
quote:That dude, obviously has not done his homework. The amount of taxes paid by 40% of our population, funds the whole country and pushes money to a shite ton of people in other countries! We are, essentially, made up of a minority of achievers, and a vast majority of leeches.
The people who already pay all of our taxes?
fricking moron.
Posted on 1/14/25 at 8:34 pm to Jake88
quote:
For every government job created with this plan, he needs to cut 2 from the IRS.
That or just rename it to the Federal Revenue Service and have them do both jobs.
Posted on 1/14/25 at 8:36 pm to Chazreinhold
quote:
The USA was a superpower with thriving economy before the income tax.
Probably overstating our standing a bit in 1913. WW1 was the biggest catalyst in our economic status.
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