Re:Thomas Piketty’s Capital in the 21st Century, in 20 minut...
by VodkaHaze on Saturday October 29, 2016 @07:54PM
(#12827210)
You forgot the owners of the company. Presumably taxing the company would equate taxing them, which is separate from workers. But such is not how tax incidence works.
Re:Thomas Piketty’s Capital in the 21st Century, in 20 minut...
by TheSpiceIsLife on Saturday October 29, 2016 @08:22PM
(#12827330)
Indeed, yes. The owners are in the best position to avoid paying more tax.
This seems tautological to me. Of course increases in corporate tax are born by non-management employees and consumers. Take Management + Non-management + Customers as a group, then Management represent approximately 0% of this group. Also, Non-management + Customers aren't in a position to change the flow of money through the corporation to shield themselves from changes to taxation.
For the majority of corporations their income comes from consumer spending. In those cases it's always the consumer who pays.