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by wmgries
3349 days ago
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I passionately disagree with the concept of a wealth tax, unless it's only on new wealth (also known as income), because otherwise you're taxing money that has already been taxed. Money should only be taxed once. All of that said, I strongly agree with your first point. People pay corporate taxes through: 1) higher prices for products and services, 2) less employment, 3) lower returns on investments (a lot of people have 401Ks). Corporate taxes just obscure a person's tax burden. |
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