First, let me be clear that corporation tax is charged on profits. I am well aware that there are those get this wrong. And there are also those who like to say that the charge is passed on to the customers or the employees of companies. I think the evidence for that is remarkably weak: if the tax charge could be got rid of so easily then I have no doubt at all that much less effort would be put into avoiding it.
Sigh. No one says that the tax charge is “got rid of” nor passed on. We say that the effect of the changed behaviour that the tax induces leads to the economic burden of the tax being split in some manner between capital and labour. The capital in the firms being taxed, the labour in the economy taxing the economy.
What portion is a matter for (vigorous) debate. That it is so divided is not something disproven by the vague musings of 0.2 of a professor.
And of course if his assertion is true, that corporate taxation really is paid only by capital, then we can abolish corporate taxation and just tax investors’ incomes instead. Job done.
Odd that he won’t support that either.