The Whitehall Ledger - Serving Southern Jefferson County in the Great State of Montana

Dear Editor: Corporation Taxes

 


Dear Editor,

Regarding Terry Minow Big Sky 55’s article on big pharmacy:

Corporations do not pay taxes no matter their tax rate. If Zoom, which no one had heard of pre-pandemic had it’s profits grow 600%, they would in theory be taxed at a higher rate. No matter the rate paid, the cost are passed on to paying subscribers. t doesn’t matter if it’s a utility, pharmaceutical provider or a food distributor. If you set your prices to the customer you include your tax costs. If we were to tax drug suppliers at a higher rate we would each see it in the cost of prescriptions.

John Moulton...



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