In 2012, the government of French President Francois Hollande raised both personal and corporate tax rates. Hollandes

Question:

In 2012, the government of French President Francois Hollande raised both personal and corporate tax rates. Hollande’s prime minister “insisted that the burden would fall mainly on corporations” [Erlanger, 2012]. Discuss the view of the nature of the implicit in this statement, and compare it to the standard economists’ view.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...