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Re:Berkshire Hathaway Shareholder letter 2022 [pdf] by richwater on Saturday February 25, 2023 @10:57AM (#34937568)
corporate taxes are _always_ passed on to the consumer.

Higher fees, higher prices, whatever lever you can pull.

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.