>Almost all CIT comes from big corporations
>who hold a monopoly or oligopoly (shared monopoly)
>market dominance. Again, by elementary theory, these monopolists
>have set their prices, wages, and supply costs at the level they
>calculated to produce maximum profit. Therefore they
>have very little (at best) ability to pass through a tax on
>profit to their workers or consumers.
If they all pay roughly the same tax, then it's part of their cost structure, so they can just add it to their markup.
The idea that large corporations today are monopolies who set their own prices is quaint, and would be news to just about any corporate manager. Do you ever read the business press?
Doug