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Why can't the corporations pass the taxes on to the customer. Let's say I make coffee cups, and the gods (wannabees) of the beltway decide that a $1 tax per cup would be nifty. Am I going to absorb the loss? NO! Why should I when I know full well that the same tax is on every other cup manufacturer and we each squeek by on a 20 cent profit per cup already. If you were my competitor how much of a loss would you suck up trying to win the cup-war?
By Don