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Ben Folds/Nick Hornby: From Above

289
shutdown12/08/2010 9:09:23 am PST

re: #269 schnapp

I’m sorry yes that was a mistake but it is 1 olock in the morning for me. So I made a mistake. I was busy trying to reply to you and find links at the same time. Get over it.
But it still doesn’t changemy point. High corporate taxes fall on workers.
How about the Kansas City Fed? [Link: www.kansascityfed.org…]
How about

The conclusion reached by the paper is in fact that taxes should be directly imposed on workers, rather than on corporations. There is also a difference between the conclusions of the paper and your statement that : “High corporate taxes fall on workers.” Quite correctly, the KC Fed concludes that impaired profits reduce the ability of a company to pay workers. In a Venn diagram, the area congruence of your arguments and the economic discussion entered into in the paper is not terribly large. You are muddling up certain concepts, and while you may have a generally correct hypothesis in mind (“when corporations have less money, workers get paid less”), you are mis-phrasing it (“corporate taxes are a burden to the worker”) and by extension, your arguments and proofs are a bit confused.