Debates of all ilk

[Ghoulish Delight]

Originally Posted by scaeagles

Corporate taxes. There is no such thing as a corporate tax. Corporate taxes are passed along to the consumer as a price increase

Leo, we've been over this. You can deny it all you want, but it's one of the most basic principles of supply and demand economics and is mathematical truth. Taxes levied against the supply side are NOT proportionately compensated for in consumer prices. The more elastic the price of the good, the smaller impact a supply-side tax has on a consumer. It is a function of the slope of the demand curve.