So some people are upset that Amazon didn't pay any federal tax. Of course that isn't completely true since they pay the social security and Medicare tax, plus state and local taxes. And they have to collect sales tax. But here is the thing to remember no corporation pays taxes. When we tax corporations they pass that cost onto the consumer or they don't give raises or hire new people. When we tax corporations it is an indirect tax on all of us.
About Me
- Chuck Baker
- Chuck Baker is Right! Well, I am. What I mean is that my friends always joke that I’m always right (or at least I think I am). The thing is I don’t say anything, unless I know I’m right. So it's not that I’m right about everything, but usually when I speak I know what I’m talking about. My dad always said, “Don’t speak unless you know your right.” This blog includes many subjects like religion, politics, business, movies, sports, and more. On the left you will see options to search this blog, see popular posts, a catalog of posts, and favorite links. Please check out my YouTube channel by clicking on the link under favorite links.