Tax reform: Loopholes and shelters are inhibitors to real prosperity

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    Aug. 22, 2012 6:51 a.m.

    Corporations don't pay taxes at all. Only people pay taxes. Any corporation has to recover all of it's costs if it wants to stay in business. Any tax you assess on a business is a cost to that business, and must be recovered from it's customers. If a business doesn't recover all of it's costs, it will soon go out of business.

  • JoeCapitalist2 Orem, UT
    July 22, 2012 10:55 p.m.

    So why in the study they quoted did they only include 280 out of the 500 companies in the fortune 500? Why not all 500?

    I am always suspicious of such studies that try to cherry pick the data to reach the conclusion they were looking for.

  • Eric Samuelsen Provo, UT
    July 22, 2012 11:00 a.m.

    Excellent article. And a great counter to the ridiculous 'cut our taxes and we'll start hiring' nonsense from the other article on this page.