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It increases producer prices which shifts the supply curve to the right, but its pretty self-evident... If you're taxing corporate income, it's pretty clear th
by CountSessine 13y ago
It increases producer prices which shifts the supply curve to the right, but its pretty self-evident...
If you're taxing corporate income, it's pretty clear that Apple's and Google's supply curve will shift to the right. Not so much Samsung's or Nokia's. Taxing corporate income harms exports. Trying to tax only the corporate income from products and services sold in the US is in essence a VAT and then we're not talking about corporate income tax.