[chillacy]

Double taxation isn't just some vague term I made up: http://www.investopedia.com/terms/d/double_taxation.asp

What you described is commonly referred to as double taxation. I merely pointed out that this is more evidence that businesses are legal entities defined by the government. If businesses weren't legal entities, this wouldn't be an issue.

However you could have noted that most corporate money is dished out as salaries and bonuses, which isn't taxed twice because the company can deduct it as a business expense.

[gnaritas]

> What you described is commonly referred to as double taxation

Yes, just as liberals are referred to as leftists by conservatives, it's an inaccurate and derogatory means of referring to a perfectly normal tax practice whose sole purpose is intended to make the listener think it's unfair by glossing over the fact that money is taxed when it changes hands, not when it's earned. Anyone who calls it double taxation is participating in partisan propaganda and intentionally spreading ignorance.

[chillacy]

Hmm, wasn't aware of that. I learned it in my econ textbook in high school, so I assumed it was standard terminology. My intention wasn't to offend, and I personally have no issue with the practice.