Ronald Reagan: Business Collects Taxes

Posted by admin on Monday, October 17, 2016

Ronald Reagan Money Quote saying businesses must pass along sales and other taxes on the business to the customer in order to make a profit. Ronald Reagan said:

You can’t tax business. Business doesn’t pay taxes. It collects taxes. And if they can’t be passed on to the customer in the price of the product as a cost of operation, business goes out of business
— Ronald Reagan

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