March 18, 2008

More Evidence That Corporate Tax Cuts Help Workers

by William Ahern


A new study from three prominent economists finds that employees suffer most when their corporate employers must pay high corporate taxes. That contradicts the theory that has prevailed for decades -- that corporate taxes mainly hurt investors -- but it supports a recent CBO study by Randolph that found workers bearing 70 percent of the burden of corporate income...

Emi

Things I think need work and why:
(Not in order of importance)

1. School system- Putting more and more tax dollars into the school system is not going to make them better. Compitition creates better schools! Giving them money just encourages them to use it. I think they should start letting parents choose where they want to send their children. The schools would then try to be the best that they could to get more students.
Also they should teach kids basic economics....

Emi