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5 Feet of Fury

Kathy Shaidle's blog. Est. 2000

‘The largest burden of corporate taxes is borne by workers’

November 10, 2011 By Kathy Shaidle

Walter E. Williams:

In 1980, Joseph Stiglitz, now a Nobel laureate, said that workers share the highest corporate tax burden in the form of lower wages.

A number of economic studies, including that of the Congressional Budget Office, show that workers bear anywhere from 45 to 75 percent of the corporate tax burden.

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