> If people want to reduce the tax burden on folks with low incomes just scraping by, the way to accomplish that is by increasing taxes on corporate profits Th

> If people want to reduce the tax burden on folks with low incomes just scraping by, the way to accomplish that is by increasing taxes on corporate profits This is completely wrong. The poor either don't pay income taxes or pay very little income tax, because the marginal tax rates for low income levels are so low. That's by design. Wherever the tax is levied - on corporations or on individuals - doesn't affect the incidence of the tax; that is, who really pays, at the end of the day. When you tax corporations, that actually increases the tax burden on the very poor. The amount that they are directly paying in April[0] might be the same, but the total burden of the tax is passed on to both workers and shareholders alike, in the form of lower wages, lower dividends, and lower share prices. [0] well, withheld in every paycheck, but same idea