re: #273 Obdicut

Look, ultimately people pay all taxes. Someone has to bear the burden. And that someone is either going to be shareholders, customers of workers.
Maybe I can try to articulate better now, because it’s late and I’m tired so I’ll put some more thought into this explanation.
If the US has high cororate tax rates, investors will invest elsewhere because the US becomes less profitable. With less investment in the US there is less economic output, less employment and lower wages.
I was explaining it wrong before. But I have read a bit more now and understand a bit better.
If labour was more mobile then workers would move to other countries that are attracting more investment, producing more, and had higher output, productivity, employment and wages. The corporate taxes would not affect workers because the supply of domestic workers would shrink and so less supply means higher wages etc.
Maybe that makes more sense because I’ve taken time to write this properly.