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Shareholders tend not to wind up holding the bag - higher corporate taxes result in higher prices at the consumer level.
by djrogers 5y ago
Shareholders tend not to wind up holding the bag - higher corporate taxes result in higher prices at the consumer level.
- svachalek 5y agoNo one ever wants to argue the opposite -- "but if you tax consumers, they won't spend as much, and corporations won't make as much money!" Although personally if I had to bet on one way or the other, I would say this reversal is easier to prove.