Comment by dartos

1 year ago

I think a lot of people want high corporate profit taxes

people own corporations. If you tax the income of people who own corporations, it's not necessarily necessary to tax corporations; just pass their profits through to the people and tax the people. There are good reasons not to double-tax, first at the corporate level and then again at the personal level.

  • This is similar to the perverse incentive of share buybacks. It's just more tax efficient to pump stock value than pay proper dividends.

  • Corporations are apparently people too! They should be taxed like any other flesh and blood human!

    I really want gov around the world to take back governance to be solely for the benefit of people. None of this greedy corruption lobbyist stuff.