Comment by tonyedgecombe
4 hours ago
I've often wondered why we don't abolish corporation tax and instead tax capital gains and dividends like normal income.
4 hours ago
I've often wondered why we don't abolish corporation tax and instead tax capital gains and dividends like normal income.
This would be my personal preference, as I believe that voters often overlook the impact of corporate taxes, and there are just too many (different) taxes.
Because capital gains taxes really discourage selling which gums up the economy
Wouldn't prices of assets just rise to compensate? People still need liquidity.
From what I understand, this lack of liquidity is not an issue in ‘financial markets’, but can be a problem for other assets such as housing.