Make corporations pay more

If you are one of those "progressive" thinkers who think we should have corporations pay more in taxes. Read this....

Following newly released OECD data that shows U.S. corporate income taxes are 50 percent higher than the OECD average, the Tax Foundation released a revised summary showing that the US federal corporate income tax quietly taps family pocketbooks for nearly $370 billion per year in the form of higher prices, lower wages and poorer return on investment.

The typical family focuses on the more visible taxes such as property taxes on homes, sales taxes on purchases, and personal income and payroll taxes. But in Tax Foundation Tax Watch, "What Do Corporate Income Taxes Cost American Families," Tax Foundation President Scott Hodge puts a price tag on the corporate income tax.

"Most people think corporate income taxes are paid by wealthy, anonymous companies," said Hodge. "But as economists have been teaching for years, ultimately people bear the burden of corporate taxes, not companies. And in 2006 that burden averaged $3,190 per household. That's more than the average household spends on restaurant food, gasoline or home electricity in a year."

Maybe a "progressive" can educate me as to how making me pay more in taxes makes things cheaper for my customers.