RE: Does rasising the corporate tax rate help or hurt?
March 30, 2021 at 6:26 pm
(This post was last modified: March 30, 2021 at 6:31 pm by jasonelijah.)
Just type into google "does raising the corporate tax work" and it says this at the top
Raising corporate income taxes lowers worker wages, which leads to increased unemployment. Using 1970-2007 data from the United States, a Tax Foundation study found that for every $1 increase in state and local corporate tax revenues, hourly wages can be expected to fall…
Do corporate taxes get passed onto the consumer?
Owners and managers of corporations often assume, just as incorrectly, that the tax is simply passed along to consumers. This very vagueness about who pays the tax accounts for its continued popularity among politicians. The federal corporate income tax differs from the individual income tax in two major ways.
see just like that, it's fucking google broski
Can anyone find any info on where the CBO stand on the corporate tax? I'm starting to doubt my own research.
What does the Congressional Budget Office assume with respect to the tax incidence of corporate taxes? Consumers of the corporations' products bear the entire tax burden. Consumers of the corporations' products bear half the tax burden and the owners of capital bear half the tax burden.
SO there ya go, you trust my source now, it's just google.
Raising corporate income taxes lowers worker wages, which leads to increased unemployment. Using 1970-2007 data from the United States, a Tax Foundation study found that for every $1 increase in state and local corporate tax revenues, hourly wages can be expected to fall…
Do corporate taxes get passed onto the consumer?
Owners and managers of corporations often assume, just as incorrectly, that the tax is simply passed along to consumers. This very vagueness about who pays the tax accounts for its continued popularity among politicians. The federal corporate income tax differs from the individual income tax in two major ways.
see just like that, it's fucking google broski
Can anyone find any info on where the CBO stand on the corporate tax? I'm starting to doubt my own research.
What does the Congressional Budget Office assume with respect to the tax incidence of corporate taxes? Consumers of the corporations' products bear the entire tax burden. Consumers of the corporations' products bear half the tax burden and the owners of capital bear half the tax burden.
SO there ya go, you trust my source now, it's just google.
