Hacker News new | ask | show | jobs
by djakjxnanjak 2662 days ago
We ought to tax wealth instead of income, and tax individuals instead of corporations. The nature of corporate wealth is that the generation of value is disconnected from the generation of cash. It’s impossible to fairly regulate the infinite shell games that result from this. The problem we are trying to fix is inequality of wealth, so we should tax wealth directly and not via proxies like corporate profits.