[nradov]

Then let's have a race to the bottom.

Some people seem to assume that high corporate income tax rates are a good thing, but there's really no proof of that. We would all be better off if every country eliminated corporate income taxes entirely, and made the change revenue neutral by increasing taxes on high income investors and employees. This would encourage economic growth by eliminating resources wasted on tax accounting and avoidance.

[oliwarner]

Urgh, No?

Zero Corporation Tax allows multinationals to make huge profits and just chuck the money back home, even if that's outside the Union. Yeah, they're probably paying tax on it somewhere, but it's not taxed in the place it was earned. That's the problem here. Countries are losing cash and tax revenue to this.

Your trickle-down economics is similarly unproven.

[tomatocracy]

I think the idea is that governments should tax things which aren’t as mobile (personal incomes, land, consumption etc) in order to minimise the distorting effects on the market tax can otherwise have. There are positives and negatives to that but it’s not totally obviously bad.

[vkou]

When most of your income comes from being an owner, as opposed to a worker, your 'personal income' is incredibly mobile.