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by something123
3905 days ago
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Am I alone in thinking corporation tax is idiotic? I think corporations are incredibly immoral institutions (due to skewed incentive structures), however - ultimately it's a collection of investors, owners and employees. Why not be honest and tax the corporations on the outflow of capital? ie. dividens, wages and sales tax Corporate tax is ultimately a populist hidden tax on the whole economy b/c no one "feels" it. If you raise it everyone will whoop and cheer (b/c fuck big co!) and not appreciate it's impact on salaries or retirement funds. Maybe I'm missing something? |
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