Income up 35%, make 8.9 billion in 6 months, cut 25,000 jobs!

[HUZZ69]

No, of course the effects of taxing a business can be varied and complicated. For instance if you put a 5% surtax on a business with a 3% profit margin, they are either going to have to charge more for their product or close the doors. Sometimes they can get away with charging more, but sales will drop off at the higher price, requiring scaled back production and layoRAB.

But taking the best case, if the business is able to simply eat the extra cost, it still is going to have a negative effect since they will have that much less money to reinvest in the company for expansion, R&D, or whatever. That also kills growth and job creation.

[demolitionlvr]

I would rather take a chance on that than not bother charging taxes.

because there is no guarantee every company will hand off 100 percent of these taxes to consumers. some companies out there may find a competitive advantage by seeing a lower profit margin and bump up volume to get a bigger market share....

[Buddy R]

Close shop in expensive over regulated over taxed places and move to China/Middle East where business is not burdened by taxes and regulations.

[Louuuuu]

#liberals



i would rather companies go out of business than admit unregulated government spending is the root of all poverty

[BabyGirl26]

WELL--WELL--UHH--WELL-- TAX THEM ON IMPORTS

[Y A]

companies aren't going out of business.

never believe a businessman when he says he isn't making any money unless he shows you his books.

and the "out of control" government spending is because CONSUMERS are broke, not the government.

[Apollyon]

if I had my way any person who moved a business overseas would be subject to having their citizenship revoked.