The Economic Impact of a 25 Percent Corporate Income Tax Rate

InsiderOnline  "Because the economy is a complex system based on specialization and trade, those who incur a tax liability are not necessarily the ones who bear the burden of the tax. Theoretical and empirical studies show that the corporate income tax is particularly harmful to economic growth, because the burden falls on all of the economy’s productive resources (workers, capital, and entrepreneurs). This is due to the fact that corporations do not pay taxes—individuals do."