Sunday, August 14, 2011
What will raising corperate taxes do to the products marginal cost?
What increases or decreases production is supply and demand. If corporations and business in general are more heavily taxed it simply increases the cost of doing business and those costs are then ped on to the consumers in the form of higher costs. Why do you think gas and food cost are out the roof. When the government required that we use ethanol blended in our gas it put corn in short supply for cattle feed and more farmers planted corn to keep up with the demand making other crops in short supply. We need less government involvement not more! When government gets involved it's like letting a crack addict hold the rent and grocery money.
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