[lbo-talk] Kerry's Tax Cut Makes Me Wanna Ralph

[Max B. Sawicky]

All of the empirical lit sez capital
owners and, to the extent capital is mobile,
workers pay.  (If they don't, it's consumers,
which is worse as far as distribution goes.)
The only exception of which I'm
aware is stuff Musgrave did in the 1950s.

mbs

 

-----Original Message-----
From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
On Behalf Of Doug Henwood
Sent: Thursday, April 01, 2004 12:31 PM
To: lbo-talk at lbo-talk.org
Subject: RE: [lbo-talk] Kerry's Tax Cut Makes Me Wanna Ralph

Max B. Sawicky wrote:


>Why have a CIT?
>
>* There's good evidence that the CIT is the only progressive component 
>of the tax system.

Sez who? Corporations are legal fictions. Either their customers, workers,
or shareholders have to pay the tax ultimately. What's the evidence that
shareholders rather than customers or workers pay?

Doug
___________________________________
http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk