Tax Polixcy Center: Corporate taxes aren't passed on to consumers

[fuckwaffle]

I'm telling you shit that even AJ and I agree on, backed by nonpartisan research. Hell, even Garbage and I agree. Are you saying that the three of us plus this study are all wrong and you're right?

Not at all, just deluded. As for the other agreeing with you...well that's where the delusions start.

 

[kbate]

In addition to its effects on returns to capital and labor, the corporate income tax affects the prices of goods and services purchased by households. Production costs in the corporate sector are higher because the sector’s cost of capital now includes the corporate income tax. With higher production costs the prices for goods and services the corporate sector sells to households must also rise relative to the prices for goods and services sold by the noncorporate sector. So as consumers, households are made relatively worse off by the corporate income tax to the extent they purchase goods and services produced in the corporate sector, but relatively better off to the extent they purchase goods and services produced by the noncorporate sector. Such relative price effects impose a burden on some households but benefit others. For a typical household, however, these price effects are offsetting, so the corporate income tax does not impose a net burden on consumption.

From the TPC report, it appears that corporate taxes are indeed passed on, but that consumers have some ability to mitigate the effects (if they live in places with noncorporate competition.

Or did you just wish to cherry pick portions of the report which agree with your thread topic?

The latter, right?

 

[RobDownSouth]

You pass on any expenses to investors and soon you have know investors.

I don't no about that.

 

[Busybody]

Or did you just wish to cherry pick portions of the report which agree with your thread topic?

The latter, right?

 

[RobDownSouth]

From the TPC report, it appears that corporate taxes are indeed passed on, but that consumers have some ability to mitigate the effects (if they live in places with noncorporate competition.

Or did you just wish to cherry pick portions of the report which agree with your thread topic?

The latter, right?

Pfft, he's fair and balanced, albeit in a kbate/Fox News sorta way.

 

[Phelia]

I'm just here to say hello to kbate and tell her that I hope her meniscus is feeling better and that sometimes I like to imagine that there is a finite amount of knee pain in the world and fantasize about kicking people who irritate me right in the patella in the hopes that it will ease some of her discomfort, if only marginally.

But yeah, stupid taxes.

 

[jeninflorida]

And your logic should they say "soon you have no customers". Which is true if you're raising the price of your product much beyond the optimal price. Why do I bother though, you haven't a clue about any of this.




Uh. I wasn't suggesting that every penny was taxable. Stop being so concrete.

why do you want to give more money to someone like Obama? After all, he feels welfare is a career. We do not need Obama government.

 

[kbate]

I'm just here to say hello to kbate and tell her that I hope her meniscus is feeling better and that sometimes I like to imagine that there is a finite amount of knee pain in the world and fantasize about kicking people who irritate me right in the patella in the hopes that it will ease some of her discomfort, if only marginally.

But yeah, stupid taxes.

The knee is wonderful. I would have started running again this week to get back on schedule for my half marathon - but I came down with infected type strep throat and am sitting home nursing my pile of mucous encrusted kleenex.

Thank you.

 

[mercury14]

In addition to its effects on returns to capital and labor, the corporate income tax affects the prices of goods and services purchased by households. Production costs in the corporate sector are higher because the sector’s cost of capital now includes the corporate income tax. With higher production costs the prices for goods and services the corporate sector sells to households must also rise relative to the prices for goods and services sold by the noncorporate sector. So as consumers, households are made relatively worse off by the corporate income tax to the extent they purchase goods and services produced in the corporate sector, but relatively better off to the extent they purchase goods and services produced by the noncorporate sector. Such relative price effects impose a burden on some households but benefit others. For a typical household, however, these price effects are offsetting, so the corporate income tax does not impose a net burden on consumption.

From the TPC report, it appears that corporate taxes are indeed passed on, but that consumers have some ability to mitigate the effects (if they live in places with noncorporate competition.

Or did you just wish to cherry pick portions of the report which agree with your thread topic?

The latter, right?

I'm just telling you what I heard in a radio interview Miss Pissy Pants.

Can you link the study?

 

[Phelia]

The knee is wonderful. I would have started running again this week to get back on schedule for my half marathon - but I came down with infected type strep throat and am sitting home nursing my pile of mucous encrusted kleenex.

Thank you.

Aside from the battle being waged against your pharynx, I'm so happy to hear that the recovery is going well!

Half marathon? Funny, I never took you for a slacker.

 

[kbate]

I'm just telling you what I heard in a radio interview Miss Pissy Pants.

Can you link the study?

http://www.taxpolicycenter.org/UploadedPDF/412651-Tax-Model-Corporate-Tax-Incidence.pdf

You could try asking without the pissy pants, or just say, you heard it on a radio instead of shouting from the treetops the good news that a study disagreeing with your Litenemies meme has finally been unearthed.

 

[kbate]

Aside from the battle being waged against your pharynx, I'm so happy to hear that the recovery is going well!

Half marathon? Funny, I never took you for a slacker.

I planned to run a couple halfs and then run the Akron marathon with my brother next fall and see if we could qualify for Boston. Now I'm doubtful for Akron this year.

Oh well, best laid plans.

This whole thing started because My Ignorant Brother called me a wimp.