Washington Post columnist George Will once wrote the following: “Corporations do not pay [sales] taxes; they collect them, passing the burdento consumers as a cost of production.” - George Will...

Washington Post columnist George Will once wrote the following: “Corporations do not pay [sales] taxes; they collect them, passing the burden to consumers as a cost of production.” - George Will (2010) What is the main problem with Will’s statement? (A) Corporations are subject to other taxes, such as capital gains and earned interest. (B) Producers and consumers share the burden of taxation, according to supply and demand elasticities. (C) Legal ramifications for tax evasion include fines and imprisonment, thus deterring corporations from such behaviour. (D) People who enjoy Billie Eilish should self-quarantine. Facts.

Jun 03, 2022
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