Blog
For Those Who Think Corporations Should Pay More Taxes
Washington, D.C.,
March 30, 2021
Reminder for those who think "corporations should pay more" taxes:
Corporations ultimately don't pay taxes. People do! What you're asking for will ALWAYS come from either:
So when you hear about President Biden and Congressional Democrats trying to raise taxes on American companies, let's not pretend like those businesses are some magical, under-taxed source of revenue for the federal government. They aren't.
A tax hike on companies = a tax hike on people. That's the way it works - it's the ONLY place that money can come from.
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