Corporate Taxation: the myth that it does not really exist

A common mis-impression is that "corporations don't really pay taxes because they just pass the cost onto the consumer". If that were true, then we could just as well say that "individual workers don't pay taxes, because they just translate into higher wage demands". We could easily show that nobody pays taxes, because everybody simply passes them on to somebody else. In reality, when somebody is taxed, the burden is shared. If corporations are taxed, the burden is shared between the consumers, the stockholders, employees, suppliers, etc. How the burden is split depends on factors like the elasticity of demand for the company's products. Two companies A and B with identical income statements, taxed the same, might produce different splits in who pays for an additional tax burden (or who saves on a tax reduction), due to different elasticities for their products. Therefore it is no trivial task to calculate exactly how a given tax plan will work out, but it will never be simply 100% consumers, 0% stockholders, and 0% workers. Those who make such sweeping claims are either 1. ignorant of Economics 101 in which this subject is covered thoroughly; or 2. lying to support their particular vision. The latter point means that those advocates are pushing a plan which advantages themselves. If the wealthy like the 9-9-9 plan, it means that they think it will help them versus everybody else. After all, if the relative tax burden on each group and income level doesn't change, why would they support it?