For that to be true there would have to be a monopoly fixing prices already. When businesses compete some will eat the tax and others will try to pass it along. In normal terms this means that those who eat the tax will have the advantage as they will have the lower prices and then command the largest market share equaling profit. The only potential losers to taxes on businesses is that investors may see less money as fast, but that's not a problem.
So why do conservatives insist that competition won't compel businesses to eat the taxes and pass it off onto investors rather than consumers?
So why do conservatives insist that competition won't compel businesses to eat the taxes and pass it off onto investors rather than consumers?