Friday, April 17, 2009

Corporate tax crash

A little enlightenment here.

Most don't know this but corporations don't pay tax.
They are tax collectors since the taxes they pay are
built into the price of their product or service.

That said, business has collapsed. Expect unemployment
to soar to over a million a month soon. It's already
over a half a million a month now.

Notwithstanding the clowns on MSM and hooting from
the worlds' capitols, this will take a very long time
to recover. The latter will soon be shell-shocked and
broke as their expenses soar and their receipts dive.