21.09.16.1400Th IT’S SIMPLE TRUMPONOMICS FOR PETE’S SAKE:
The only people that are going to actually see tax increases as a result these Socialist Democrat spending spree IS YOU – THE INDIVIDUAL TAX PAYER!
Raise taxes on any form of business INCLUDING CORPORATE BUSINESSES are/will be passed on to you the consumer in higher prices. And even worse, if those taxes do begin to affect the bottom line of business (of every kind) they only move to a country that respects their right t5o not be gouged taking your job with them. Raising taxes on the productive never ever helps your bottom line putting milk in your frig & bread in your cupboard.
BUSINESS DOES NOT PAY TAXES!!!! Well they pay taxes then raise the price of their product which taxes eventually inure to you – for you to pay. Any taxes are passed on to you by raising the price of what you buy in the store. Then the local government takes their pound of flesh out of your wallet as well.
IN THE FINAL ANALYSIS: Only the blue collar, getting their hands dirty, productive people pay taxes INDIVIDUALLY by federal, state, and local taxes on that same dollar you worked for.
YOUR TAXED: on what you earn, what you spend, what you inherit & even on what hold – until you have nothing left..
CAPITALISM: is nothing more than putting at least some of what you’ve earned to work in its own right as it were. Capitalism is simply not allowing what little earning you still have, that haven’t been finagled away from you YET, to work for you individually.
DEATH, CASINOS (the house), and the Government (including Tax Collectors) NEVER EVER LOSE! And businesses simply pass along whatever the government decides to tax them to you - the blue collar productive consumer.
All the socialist democrat spending fun package does is transfer: “From each according to his abilities, to each according to his needs.” ~ popularized by Karl Marx. Of course the Socialist (democrat) Party determines who & what the “...according to their needs” part is.
PS. What I’m trying to get across is that the only people that actually ever pay taxes are the productive workers in a society – everyone else just passes their taxes on to them to be paid by them indirectly. YOUR IT!
Posted by: Fox Business ~ Sep 13, 2021
“Kudlow reveals which area will take the greatest hit from tax hikes”
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