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- Aug 13, 2007
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Ok. So you think these coros, out of the good of their hearts just absorb the tax and thus lower their profit margin? All taxes are passed on as cost item. You can call it what you want but the consumer pays any and all taxes that have acrued on that product or service.
The consumer is also paying for manufacturing costs, payroll, property costs, etc. All companies pass all costs on to the consumer its how you make a profit. Capitalism 101.
