Excerpt from Who Pays the Taxes?: Allocation of Federal, State, and Local Taxes to Consumer Income Brackets With respect to the assumptions concerning incidence, a crude test of reasonableness has also been applied. The same computation has been made twice, once assuming that business-cost taxes are shifted forward to prices, then assuming that they are shifted backward to wages. With respect to the general patterns of progressiveness or regressiveness of the tax system the results of the two computations do not differ substantially. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.