re: #105 schnapp

Because labour is less mobile than capital, firms employ less workers rather than provide lower returns to investors.

I’m sorry, but I’m really not understanding what the corporate taxes have to do with that.

First of all, US corporate taxes have an effective rate that is at or lower much of the rest of the industrialized world.

wonkroom.thinkprogress.org

Second of all, if a worker is profitable, that worker will be employed; taxation on profit cannot make a profitable worker unprofitable. So using fewer worker would be a rather foolish thing to do, given that it would lower overall profits and thus return to investors.

You understand that corporate tax is a tax on profits, right?