Comments on Samantha Maiden “Ken’s of Keynesington”, 28/05/2010, http://blogs.theaustralian.news.com.au/samanthamaiden/index.php/theaustralian/comments/kens_of_keynesington/
Comments on Unfortunate, Ken does not appear to have a sense of general equilibrium economics in his mind when he said that because his memory of high school was so strong.
Businesses may bear more of a profit tax, but they also have the option to pass some of the tax if all relevant businesses with the same competing products have to pay the tax to reduce the impact on the profits.
That may be even primary school economics, or more pertinently business without schooling.
No wonder why the government has been in deep shit on so many fronts in terms of policies.
No one of the sources is clear enough for the public to see.
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