Hawaii's Exchange to be Shuttered

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Hawaii's Exchange to be Shuttered

MalabarJag
Pet Sitter
Posts: 5,972
Threads: 46
Joined: Mar 2001
Reputation: 112

#197

05-29-2015, 09:20 PM

Quote:Don't have time to explain it in detail... but just look at an 1120...

Mathematically, you can't get out of an income tax by simply raising the cost to the consumer. The revenue would just be taxed at that increased cost you dumped trying to get the tax back. It's easy to figure out if you just look at the form and think it through...

Looking at an income statement, ie profit/loss statement would show the same thing. You can Google those too.

I'm not saying a company can get out of paying an income tax increase. I'm saying that the additional tax is paid by the consumer when the company increases it's prices. The company keeps its after-tax profit margin.

Example: Widgets International makes $10M profit on the sale of widgets. It pays 30% tax or $3M. The stockholders split the remaining $7M. Now Uncle Sammy raises the tax to 40%. Widgets raises the price* to make $11,666,667 profit. Uncle Sammy takes 40% or $4,666,667. The remaining $7M is split among the stockholders. The people who purchased the widgets end up paying for the tax increase.

*Fortunately for Widgets International (and unfortunately for their customers) other manufacturers of widgets were also hit with a tax increase so were also forced to raise their prices to keep the stockholders happy.

"Why should I give information to you when all you want to do is find something wrong with it?"

Messages In This Thread

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-17-2015, 10:01 AM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-17-2015, 02:10 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-17-2015, 06:43 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-17-2015, 06:57 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-17-2015, 08:39 PM

Hawaii's Exchange to be Shuttered - by rollerjag - 05-17-2015, 09:16 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-18-2015, 06:22 AM

Hawaii's Exchange to be Shuttered - by rollerjag - 05-18-2015, 09:30 AM

Hawaii's Exchange to be Shuttered - by Shack Del Rio - 05-18-2015, 10:03 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-18-2015, 10:39 AM

Hawaii's Exchange to be Shuttered - by rollerjag - 05-18-2015, 11:15 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-18-2015, 11:41 AM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-18-2015, 01:05 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-18-2015, 01:10 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-18-2015, 01:16 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-18-2015, 01:17 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-18-2015, 01:31 PM

Hawaii's Exchange to be Shuttered - by Shack Del Rio - 05-18-2015, 01:42 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-18-2015, 02:00 PM

Hawaii's Exchange to be Shuttered - by Shack Del Rio - 05-18-2015, 02:26 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-18-2015, 03:40 PM

Hawaii's Exchange to be Shuttered - by rollerjag - 05-18-2015, 05:49 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-18-2015, 06:45 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-18-2015, 06:54 PM

Hawaii's Exchange to be Shuttered - by Bon Jagley - 05-18-2015, 08:27 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-18-2015, 08:56 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-19-2015, 06:27 AM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-19-2015, 06:33 AM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-19-2015, 06:55 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-19-2015, 07:52 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-19-2015, 07:55 AM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-19-2015, 09:08 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-19-2015, 10:20 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 12:16 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 12:20 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-19-2015, 01:37 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-19-2015, 01:40 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 01:48 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 01:50 PM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-19-2015, 01:50 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-19-2015, 02:07 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 02:08 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-19-2015, 03:55 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-19-2015, 03:56 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 03:59 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-19-2015, 04:04 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-19-2015, 04:15 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 04:55 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-19-2015, 05:25 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-19-2015, 05:50 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-19-2015, 05:57 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 05:59 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-19-2015, 05:59 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 06:00 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 06:03 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-19-2015, 06:04 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-19-2015, 06:20 PM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-19-2015, 06:21 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-19-2015, 06:36 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-19-2015, 06:42 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 07:01 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-19-2015, 07:03 PM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-19-2015, 07:35 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-19-2015, 08:12 PM

Hawaii's Exchange to be Shuttered - by rollerjag - 05-19-2015, 08:56 PM

Hawaii's Exchange to be Shuttered - by Shack Del Rio - 05-19-2015, 09:16 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-20-2015, 09:34 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-20-2015, 09:36 AM

Hawaii's Exchange to be Shuttered - by rollerjag - 05-20-2015, 12:34 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-20-2015, 03:45 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-20-2015, 04:27 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-20-2015, 05:12 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-20-2015, 05:41 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-20-2015, 06:00 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-20-2015, 06:07 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-20-2015, 07:34 PM

Hawaii's Exchange to be Shuttered - by rollerjag - 05-20-2015, 08:57 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-21-2015, 08:57 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-21-2015, 12:47 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-21-2015, 03:39 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-21-2015, 03:49 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-21-2015, 05:39 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-21-2015, 06:00 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-21-2015, 07:15 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-21-2015, 09:18 PM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-21-2015, 09:22 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-22-2015, 06:14 AM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-22-2015, 07:17 AM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-22-2015, 08:11 AM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-22-2015, 10:08 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-22-2015, 11:55 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-22-2015, 11:59 AM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-22-2015, 12:12 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-22-2015, 01:29 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-22-2015, 01:44 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-22-2015, 01:58 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-22-2015, 02:18 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-22-2015, 02:23 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-23-2015, 08:17 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-23-2015, 09:57 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-24-2015, 02:09 PM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-24-2015, 02:39 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-24-2015, 02:50 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-24-2015, 03:12 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-24-2015, 03:58 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-24-2015, 04:34 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-24-2015, 06:58 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-24-2015, 09:16 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-24-2015, 10:59 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-25-2015, 01:01 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-25-2015, 01:03 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-25-2015, 01:08 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-25-2015, 05:29 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-26-2015, 12:21 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-26-2015, 12:27 PM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-26-2015, 12:45 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-26-2015, 12:45 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-26-2015, 12:46 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-26-2015, 01:34 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-26-2015, 01:59 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-26-2015, 02:57 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-26-2015, 05:56 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-26-2015, 05:59 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-26-2015, 06:47 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-26-2015, 07:49 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-26-2015, 11:06 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-26-2015, 11:17 PM

Hawaii's Exchange to be Shuttered - by Adam2012 - 05-26-2015, 11:24 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-26-2015, 11:27 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-26-2015, 11:29 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-26-2015, 11:29 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-26-2015, 11:30 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-27-2015, 07:16 AM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-27-2015, 07:26 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 11:42 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 11:44 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-27-2015, 01:06 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 01:13 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-27-2015, 01:15 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 01:49 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-27-2015, 01:53 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 01:59 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-27-2015, 02:00 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-27-2015, 02:01 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-27-2015, 02:04 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 02:18 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-27-2015, 03:53 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-27-2015, 05:15 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-27-2015, 05:37 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-27-2015, 05:41 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 05:51 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-27-2015, 05:53 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-27-2015, 05:54 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 05:55 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-27-2015, 06:00 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 06:22 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-27-2015, 06:29 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-27-2015, 06:39 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-27-2015, 07:22 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-27-2015, 07:24 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-27-2015, 07:30 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-28-2015, 08:55 AM

Hawaii's Exchange to be Shuttered - by FBT - 05-28-2015, 09:00 AM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-28-2015, 09:50 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-28-2015, 10:13 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-28-2015, 10:14 AM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-28-2015, 11:11 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-28-2015, 11:56 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-28-2015, 01:51 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-28-2015, 01:59 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-28-2015, 02:14 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-28-2015, 04:46 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-28-2015, 11:21 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-29-2015, 07:11 AM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-29-2015, 07:13 AM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-29-2015, 07:16 AM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-29-2015, 07:18 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-29-2015, 09:27 AM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-29-2015, 10:09 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-29-2015, 01:27 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-29-2015, 02:53 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-29-2015, 03:09 PM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 05-29-2015, 03:39 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-29-2015, 03:40 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-29-2015, 03:46 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-29-2015, 03:49 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-29-2015, 03:50 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-29-2015, 04:35 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-29-2015, 04:36 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-29-2015, 05:53 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-29-2015, 06:22 PM

Hawaii's Exchange to be Shuttered - by The_Anchorman - 05-29-2015, 06:35 PM

Hawaii's Exchange to be Shuttered - by jagibelieve - 05-29-2015, 08:21 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-29-2015, 09:20 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 05-29-2015, 09:34 PM

Hawaii's Exchange to be Shuttered - by EricC85 - 05-29-2015, 11:18 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-30-2015, 10:20 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 06-03-2015, 11:48 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 06-03-2015, 11:51 AM

Hawaii's Exchange to be Shuttered - by boudreaumw - 06-03-2015, 11:52 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 06-03-2015, 11:58 AM

Hawaii's Exchange to be Shuttered - by The Eleventh Doctor - 06-03-2015, 11:58 AM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 06-03-2015, 12:12 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 06-03-2015, 10:58 PM

Hawaii's Exchange to be Shuttered - by MalabarJag - 06-03-2015, 11:01 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 06-03-2015, 11:07 PM

Hawaii's Exchange to be Shuttered - by flsprtsgod - 05-17-2015, 04:24 PM

Hawaii's Exchange to be Shuttered - by boudreaumw - 05-18-2015, 04:32 PM

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