Comment Re:To be more precise, Amazon will collect on taxe (Score 1) 243
The first rule of economics is "Businesses do not pay taxes. Businesses collect taxes."
No, the first rule of economics is "don't talk about economics".
Seriously, as long as you have companies in competition in regard to pricing, then yes, businesses do in fact pay taxes. They can not in fact just raise prices to cover taxes, because if they could raise prices, they already would have done so.
There is no law in economics that says "Businesses do not pay taxes. Businesses collect taxes." That's an old conservative trope that gained currency when Ronald Reagan and Margaret Thatcher were busy rodgering the working people of their respective countries.