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Old 02-21-2015, 05:07 PM
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CanuckShooter CanuckShooter is offline
 
Join Date: Feb 2010
Location: Quesnel BC Canada
Posts: 5,622
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Quote:
Originally Posted by Sloughsharkjigger View Post
Raising corporate tax is easier said than done. The beauty of capitalism is corporations can just transfer the rise in tax to the consumer.

May not be a big deal for luxury item producers as most would just stop buying the product but what would happen if each charted bank & insurance company was forced to cough up an extra billion every year?
Profits wouldn't be as large, and they would have to pay less dividends.....
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