Tax burden shifting away from business to consumers

I was quoted in a recent Phoenix Business Journal article on tax policy in Arizona:

Some business advocates say it is important to keep state and local tax burdens low to encourage investment and job creations. They also point out that consumers are taxed indirectly via business property and other corporate levies.

"Taxes on business are generally passed on to the consumer through higher prices. In cases where such tax burdens can't be passed on to consumers, the taxable activities and the jobs associated with them will migrate to a lower tax environment, often overseas," said Farrell Quinlan, a business lobbyist and president of In the Arena Public Affairs, Inc.

"The bottom-line choice is not between regressive vs. progressive taxes, but between hidden vs. visible taxes paid by the consumer," he said.

Click here to read the entire article.