Re: Political football
And, using that argument, technically you as an individual also pay no tax, because you pass it all onto your employer. It is included in your income. Also, you pay no tax on your investments or property or anything else for which you get a tax bill and pay money if you consider it as ingrained in the cost.
It's not in the cost. It is a separate cost. How a change in taxes is handled depends on the actions of the person or company. If the tax rate goes up, companies may increase prices, decrease expenses, or report less profit. These are all options and are all used. If tax rates don't go up, companies may also increase prices and give the money to somebody else. It's a decision they and not the tax authorities make. It's not correct to assume that any increase in corporate taxes takes the form of price increases.
Biting the hand that feeds IT
