> Taxes on corporations, like tariffs, are just passed onto consumers.
Perhaps, but that's not really how it works. The market price doesn't care how much it costs to make a particular good, it's just the market price. If you raise prices in order to pass on new costs, fewer people will buy your stuff.
Put another way, if consumers would tolerate higher prices, corporations would already be charging those higher prices.
Perhaps, but that's not really how it works. The market price doesn't care how much it costs to make a particular good, it's just the market price. If you raise prices in order to pass on new costs, fewer people will buy your stuff.
Put another way, if consumers would tolerate higher prices, corporations would already be charging those higher prices.