- #36
baywax
Gold Member
- 2,176
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DaleSpam said:That is true, but regardless of what tax you levy on a company they do not pay it, they only collect it.
Egads. This comes down to loopholes and requires the "R" word.. regulation. If the tax was not passed on to the consumer it would be much more effective!
This applies to the loopholes of every instance. My own, favorite Prime Minister, Paul Martin of the Liberal Party was the CEO of a huge shipping company. When sworn in as PM he transferred his position to his sons. For the years Paul Martin was PM he was parking his ships in Morocco to avoid owning a company in Canada and paying his taxes.