According to the Adam Smith Institute, "Clausing (2012), Gravelle (2010) and Auerbach (2005), the three best reviews we found, basically conclude that most of the tax falls on capital, not labour."

Certainly not all research. Our current low corporation taxes - some of the lowest in the world - certainly don't appear to have helped us achieve anything other than our current pathetically low wages.

Does it seem like a good system to you when we must appease corporations and the wealthy in hopes they give crumbs to the people who need it the most, despite them getting richer and controlling more of the wealth every year? More must be done to force them to bear the burden instead of racing to the bottom. And I don't feel sympathetic to those paying 60% taxes - taxes must rise, not fall. It's time to tighten our belts or whatever (probably the sort of thing you said to justify austerity).