Corporate Taxes and Retail Prices

The authors wish to thank John Barrios, Tony Cookson, Anthony DeFusco, Merle Erickson, Alex Frankel, Paolo Fulghieri, George Georgiadis, Joao Granja, Kevin Hassett, Florian Heider, Sabrina Howell, Ankit Kalda, Ryan Kim, Jacob Leshno, Rachel Ma, Neale Mahoney, Mike Minnis, Holger Mueller, Jordan Nickerson, Josh Rauh, Jim Poterba, Rui Silva, Janis Skrastins, Ted Loch-Temzelides, Michael Weber, Ed Van Wesep, George Zodrow, and Eric Zwick for helpful comments as well as participants at the NBER Meetings on Business Taxation, MIT Sloan School of Management, Stanford University, the Kellogg School of Management, the Carlson School of Management, the Booth School of Business, Rice University, the Gies College of Business, J. Mack Robinson College of Business, the Adam Smith Workshop, the UNC Kenan-Flagler Tax Symposium, the SFS Cavalcade at the Kelley School of Business, the Midwest Finance Association, the SFS Cavalcade Asia-Pacific and the Labor and Finance Group Meetings at the University of Chicago. Mark Zhenzhi He and Sam Earnest provided exceptional research assistance. Researchers’ own analyses are derived in part from data from The Nielsen Company (US), LLC and marketing databases provided through the Kilts Center for Marketing Data Center at the Booth School of Business. The conclusions drawn from the Nielsen data are those of the researchers and do not reflect the views of Nielsen or the National Bureau of Economic Research. Nielsen is not responsible for, had no role in, and was not involved in analyzing and preparing the results reported herein.

• April 22, 2020