Re:Berkshire Hathaway Shareholder letter 2022 [pdf]
by hajola on Saturday February 25, 2023 @11:04AM
(#34937633)
That's not true - they are not always passed on to the customer. It depends. Unless the corporation has a monopoly, it can not just increase the prices. There is a concept in economics called elasticity of demand, to simplify, it states that with increase in price there will be a drop in demand. So corporations have to balance, and in most cases the tax increase will be shared between the consumer and the corporation.
Higher fees, higher prices, whatever lever you can pull.