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Comment by jellicle

> If anything, taxing corporations is regressive -- the taxes ultimately get passed on to consumers through higher product prices, regardless of their income levels.

Actually, the studies show that corporate taxes are essentially a proxy for the taxing the ultra-wealthy - a cut in the corporate tax rate is very similar to cutting the highest marginal income tax rate.

After all, if corporate taxes truly fell on the poor, Republicans wouldn't be for cutting them.

parent jellicle 13 years ago

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