Every company is, or should be, operated to maximize the profits of the owners. That is what induces people to invest in companies.
No company pays taxes. Yes, I said that no company pays taxes.
A company merely adds the taxes to the price it charges its customers for the products it sells. If you raise the taxes that Exxon, or any other company pays, they will pass it on to the consumer in higher gasoline and diesel fuel prices. The government forces companies to be tax collectors. If a company cannot raise prices enough to pay the taxes, it goes out of business.
The customers, that is you and me, the end product consumers, pay all the taxes. It has always been that way, it will always be that way.
Why is it that some people don't understand that?
Instead of posting nonsense on internet forums, why not spend your time and energy urging your Congressmen and Senators to spend less money?
Entitlements are now more than 50% of the federal budget. Way more than any other expense, including defense. Yet polititians get elected by promising more and more entitlements to more and more people. How can that be? Think about it.
Sure, raise taxes on Exxon. Then wonder why gas prices go up.
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Today's Featured Article - The Ferguson System Principal An implement cutting through the soil at a certain depth say eight inches requires a certain force or draft to pull it. Obviously that draft will increase if the implement runs deeper than eight inches, and decrease if it runs shallower. Why not use that draft fact to control the depth of work automatically? The draft forces are
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