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Student Loan Forgiveness

Student Loan Forgiveness

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@averagejoe1 said
I state simply that corporations pass taxes on to the consumer.
Yes, you did. And other people stated simply that wealth trickles down from the gazillionaires. And yet other people stated simply that they'd seen the Loch Ness monster.

All of your mouths are full of excrement.


@shallow-blue said
Yes, you did. And other people stated simply that wealth trickles down from the gazillionaires. And yet other people stated simply that they'd seen the Loch Ness monster.

All of your mouths are full of excrement.
I’m thinking the jester here, using another screen name? Hmmmmmm

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@averagejoe1 said
I state simply that corporations pass taxes on to the consumer.
Then I stated ,,,,’ do you not think that?’.
Then, you state ‘yes’ , that you do not think that.
You do not think that. I think that. One of us is wrong. Would some third-party chime in and tell us which one of us is wrong?
(I see wobbly goal posts)
A 1% tax increase raises retail prices by 0.17%, so the answer is that some corporate taxes are passed on to to consumers.

The better question is: who should bear the burden of paying taxes? I am sure a consumer would welcome the idea of a 0.17% increase in consumer prices if it meant a 1% reduction in their taxes.

https://www.nber.org/papers/w27058

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