Oklahoma Considering Ending Tax Breaks to Corporations

[Bruce Gourley]

In an acknowledgment of the fact that American tax dollars are used to subsidize corporate America, the state of Oklahoma is considering .

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They really should rename "corporate taxes" to "hidden taxes paid by the consumer". Corporations don't pay taxes. Consumers do. Like any other expense, be it a computer or a paper clip, the cost of doing business is passed on to the consumer in the price of the products or passed on in reduced pay/bonuses to the employees or returns to the shareholder.

Good look with that, Oklahoma. Sounds like a good way to "ship jobs over state lines". There will be plenty of states waiting to offer tax breaks for those corporations to relocate.

[Bruce Gourley]

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