You missed the point!! Businesses and corporations pay taxes from their gross profits. The amount of those profits is determined by how much they charge YOU. Their net profit for the owners of the company is not going to decrease just because their taxes increase; You, their customer, are going to be paying those taxes through the products you buy!!

The politicians are going to tell you we needed more money but instead of increasing your taxes, we raised corporate taxes. They can tell most people that and you feel ok with that. If they told you they need more money so they are increasing your taxes, you would be mad at them. Just a slight of hand trick - it is coming from you either way but you don't see it as easily when it is coming from the goods and services you buy. Nasty corporation, raising prices again!!

And YOU missed the point..

Show me where the average working person in the 50's and 60's was stretched as far WRT prices and so forth as average working people are today..
They weren't..

So, your "point" of corporations *having* to raise prices if their taxes are higher is wrong.

The average working person in the 50s and 60s lived a simpler life, expected less for a standard of living, and did a lot more for themselves. I remember very well what those years were like!!

Umhmmmm..here we go..*that* fallacy again.

No, people *didn't*, as a whole..

I grew up in a nice houses, went on vacations, heck went to summer camp...etc..
On my *dads* income.

People used to be able to support a family, buy a housw, and even send their kid to college...while working as a mailman, a teacher, a factory worker, a store amnagaer..etc..
Most women didn't work.

Sure..some didn't have a nice house, had a cheap second hand car...but the majority lived a better life WRT finances back then.

Now, people working two jobs, both spouses, most of them can't afford a house...can't go on vacations, save to send their kids to college...

And, the corporations aren't paying taxes, so...where's that "trickle down" the middle class should bve getting, if what you say is true?
Because, if they aren't being "forced" to pay taxes...why can't they raisesz wages...add benefits...?

Because they are too worried about their stock holders..

You DO know Henry Ford said f**k you" to his stock holders and bought back all his stock, because they complained when he wanted to raise his workers wags to where they could actually BUY one of the cars they were making..

"But Ford had an even bigger reason for raising his wages, which he noted in a 1926 book, Today and Tomorrow. It’s as a challenging a statement today as it as 100 years ago. “The owner, the employees, and the buying public are all one and the same, and unless an industry can so manage itself as to keep wages high and prices low it destroys itself, for otherwise it limits the number of its customers. One’s own employees ought to be one’s own best customers.”

http://www.saturdayeveningpost.com/2014/01/ford-doubles-minimum-wage/


http://www.mbiconcepts.com/henry-ford-crushes-shareholder-first-and-foremost.html

It sounds like you had a much better standard of living than we did. You were part of the upper middle class I guess.

Yes, Ford did raise the wages for his factory workers. He felt every person working full time for him should be able to afford a basic model T. I suspect a basic car today WITHOUT government mandates would probably be around $8-10k. I guess that would be around 20-30% of the income for a lower wage worker. The basic model T cost $360 in 1916; equivalent to $7020 in 2012 dollars. Maybe $500 more in 2019 than 2012 or $7520.

I wouldn't say that...
My dad was in sales (Cutco/ Wearever) until I was about 11..then he bought a going printing business, and did that for the rest of his life...

I went and looked at your profile! Assuming you are being honest, you grew up in the 70s and probably graduated from HS in 1980. Your personal knowledge of living in the 50s-60s is non-existent!! What you know of that time period came from your parents and books!! Comparing the 50s-60s with the 70s-80s is ridiculous. Also comparing a business owner and their standard of living with a working man and their standard of living makes no sense even today.