Harberger, which found that the burden falls entirely on the owners of capital (and not at all on workers).
FORBES: Bloomberg's Jonathan Weil Is Simply Wrong Here About Apple's Taxes
2.
But Harberger was looking at a closed economy where capital did not flow freely around the world as it does today.
FORBES: Who Pays The Corporate Income Tax? Workers Bear The Burden, Too.
3.
The idea that the corporate income tax is borne by capital alone was based on a paper written a half-century ago by the influential economist Arnold Harberger.
FORBES: Who Pays The Corporate Income Tax? Workers Bear The Burden, Too.