Letters to the Editor
Who Pays Business Taxes?
Your recent article “Business Taxes Are Bad Business” (July 23 issue) is brilliant. Why is it so hard for people to understand that in the final analysis all tax revenues are collected from individuals, not companies? However, in my opinion the author is incorrect in which set of people bear the most of this hidden tax burden. He says, “Consumers don’t usually pay the bulk of the corporate taxes because companies do not usually have the power to increase their prices with impunity” (i.e., because of supply and demand). The laws of supply and demand equally apply to employee wages, and to investor returns. Further, industry-wide taxes, such as taxes on gasoline, raise all prices to consumers regardless of market forces. As the author concludes, business taxes are bad, as are all hidden taxes.
John Chivington
Canon City, Colorado
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