Ronald Reagan: Business Collects Taxes
on Monday, October 17, 2016Ronald 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