[BubbaTheRocketScientist]

The incidence of the corporate tax is one of the mysteries of economics.

Mysteries? Oooh, sounds spooky.

It can be borne by labor, capital, or consumers. Of the studies I've read, I can't remember one that says it is borne by consumers. Most say the incidence is on mainly capital (the investors), but may be shifted to labor (through lower wages).

Doesn't matter much, since our economy isn't built on a feudal caste system. Individual taxpayers represent all three groups - labor, capital, and consumption. All of the embedded tax and compliance costs in every supply chain must show up somewhere, either in higher prices, lower wages, or both. Any way you look at it, individuals are the ones who take it in the shorts when the gov't "taxes" corporations.

[Your Nightmare]

Mysteries? Oooh, sounds spooky.

Didn't mean to scare ya. I'll be more careful in the future.

Doesn't matter much, since our economy isn't built on a feudal caste system. Individual taxpayers represent all three groups - labor, capital, and consumption. All of the embedded tax and compliance costs in every supply chain must show up somewhere, either in higher prices, lower wages, or both. Any way you look at it, individuals are the ones who take it in the shorts when the gov't "taxes" corporations.

You forgot lower return to investors.