Most Economists argue that taxes stick to their bases: payroll taxes are largely paid by employees, sales taxes by consumers, and profit taxes by shareholders.The oil companies are taking about a 10% profit of what the consumer pays for gas.If they cut that to 5%, then Exxon Mobil would still make more than the 2nd most profitable U.S. Corp. (Walmart.) This 5%(of the price we pay for gas) could be used to encourage the growth of alternative sources of energy. If you want to know what's being passed on to the consumer, it's the hi price of gas that the airlines have to pay.Higher costs on low profit margin industries are passed on in higher prices to the consumer. What I don't get (at all) is the justification for being against tax breaks for alternative energy sources. You didn't write about that.
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