re: #207 schnapp

How about you actually cite a paper by an economist saying that higher corporate taxes have absoluely no effect on wages or firms’ decision to hire. Yeah, I’d really like to see that.

How about I repeat the absolutely obvious argument regarding profits, taxes, and hiring that has been made here and in every single Econ 101 class since the dawn of time:

If you tax profits, then any increase in profitability for a company before tax remains an increase in profitability after tax, providing the tax rate is below 100%.

Hence, if hiring a worker is profitable before tax, it will be profitable after tax, again providing the rate is below 100%.

Hence, a tax rate of less than 100% on profits does not affect whether an additional worker is profitable or not.

Hence, the economically rational decision to hire (or not) a worker is not affected by a tax rate on profits of less than 100%.

What part of that is not clear?