Discussion:
• A common belief is that the government may levy corporate taxes upon business, and that the business cannot or would not shift the burden elsewhere. From the e-Activity, defend or refute this belief, and provide a rationale for your response. Provide one example that supports your explanation.
• From the e-Activity, determine whether or not you believe the corporate income tax has been shifted either to the stockholder or the consumer / worker. Speculate on which workers are most susceptible to having taxes shifted their way. Consider the fundamental manner in which capital-labor substitution affects such a shift.