There is a stated intention by the administration to raise taxes on Corporations. When faced with higher taxes a corporation can raise prices, hold down wages and salaries of workers, or distribute less profit to shareholders. Using the concept of elasticity how do you think the burden of that tax increase will be distributed? Explain your reasoning.

IF middle income workers with 401k's invested in stocks (like me) bear some, or most of the burden of the tax, can politicians still say they did not 'raise taxes on the middle class'? Justify a "yes" and "no" answer.