Brickhead,


A $ is a $ no matter how you cut it up. A corp has to have a minimum of 50% GP and kick 5% to 10% to the bottom line to stay in business. If you remove all the tax incentives and they pay more tax it affects profit and loss and ultimately the bottom line. They have to raise prices to keep the numbers whole in terms of GP and Bottom line contribution. There is no other way to do it. You are talking trillions of dollars being shifted out of the private sector into the treasurey from 450 companies. Only a blank idiot would assume that the corps would stay whole and the consumers as well. All Buffets idea does is shift the burden much like a sales tax any way you want to slice it.