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The truth about who pays taxes: Everyone and No One Simultaneously

Conservatives often challenge the logic and rationale behind taxing corporations because the tax is essentially a ‘pass through’ item;  the tax is paid by the consumer, in the form of higher prices for the product or service.  On this view, then, a tax on a corporation is actually a tax on the end user.  And this view is essentially correct.  It cannot be disputed at its core, because it is exactly the way the real world works- and will always work.

However, you can nibble around the edges, and since people will want to sock it to ‘big business’ they … continue reading...