Increasing corporate taxes wouldn't necessarily shift the burden off the working class (though it might). Individuals react to taxes by reducing consumption of

Increasing corporate taxes wouldn't necessarily shift the burden off the working class (though it might). Individuals react to taxes by reducing consumption of 'luxuries', whereas corporations don't experience luxuries, so increases in expenses (including taxes) cause increased prices, reduced wage expenses, reductions in dividends, or reduced capital. Increased prices and reductions in wages (either pay cuts or layoffs) are the most frequent reactions to tax increases, as investors have international alternatives, and so demand maintenance of the value of their asset.