(March 30, 2021 at 6:32 pm)jasonelijah Wrote: Who actually pays corporate taxes?
Five people thought consumers do, while four said workers ultimately pay corporate taxes. It turns out there is an ongoing debate among economists over the incidence of the corporate income tax. TPC assumes that 80 percent of the burden falls on capital and shareholders, while labor bears about 20 percent.Mar 4, 2020
Does the CBO back up that raising the corporate tax is a bad idea? Does anyone know where the CBO stands?
If I just knew were the CBO stood on it I could make my decision, or any think tank for that matter. Do any of you know?
See the theory is when corporations have to pay more in taxes then they start cutting wages on their employees and it must be true, afterall, they move overseas to avoid the high taxes, is this true? Just curious.
Your first paragraph above is a direct cut-and-past from The Tax Policy Center’s website. Since you did not credit the source, this is plagiarism. Plagiarism is a violation of Forum rules. Since this is your fourth violation, you are hereby, now and forever, banned.
Boru
‘But it does me no injury for my neighbour to say there are twenty gods or no gods. It neither picks my pocket nor breaks my leg.’ - Thomas Jefferson
