Where does the burden of corporate taxes fall?
Well, the effects are different in each country. But here's a new report from the U.S. nonpartisan Joint Committee on Taxation, via Prof. Allison Christians' Tax blog:
"In the short run the new method distributes 100 percent of both types of taxes to owners of capital. In the long run it distributes 75 percent of corporate income taxes and 95 percent of the taxes attributable to passthrough business income to owners of capital."That's kind of the result you'd expect. But don't expect that to stop the corporate tax lobbyists.
Update: for more on corporate tax see here.