Professor Elam

Thursday April 1 2021

Corporations do not pay income  taxes, their customers do. Corporations pass tax increases on via higher prices or less product for the same price.

Progressives think the corporations they want to punish for their success will just wince and pay up, no way.  What do progressives learn in economics class I wonder.

https://www.wsj.com/articles/here-come-the-biden-taxes-11617231225