When businesses are taxed, they either must pass on the cost or profitability suffers, and too much of that and they are out of business. So a tax on businesses is really a tax on customers. The cost of everything we buy is inflated by the taxes paid by the producers. It is always the working poor and needy who are impacted the most by raising taxes on the producers, since their money goes for necessities that are more expensive than they should be.
Denny’s to charge 5% ‘Obamacare surcharge’ and cut employee hours to deal with cost of legislation | Mail Online:: www.dailymail.co.uk/news/article-2233221/Dennys-ch….html