Sunday, January 29, 2012

All money is multiply taxed

http://economistsview.typepad.com/economistsview/2012/01/is-romney-double-taxed.html

And the money paid in the wages of every other American have not already been taxed several times in several different ways before they get it? What is taxed is not the money, it is the transaction. When the money passes from the corporation to the stock holders, it has changed hands and that transaction is taxed.

..

No comments:

Post a Comment