"Eliminate corporate income tax! They're a pass through, paid by customers. Need $s for taxes, raise prices. Congress uses this sleight-of-hand to fool the public."
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That old chestnut doesn't really fool much of anyone anymore. The corporations are already charging as much as the market will bear for their products and services. And if the market lets them raise prices, they will do so without needing that excuse. The notion that they will somehow just raise prices (and get away with it) to make up for the tax increase is a violation of the fundamental principles of market economics. It doesn't work that way and it never has.