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by jermaustin1
2409 days ago
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This is something that a lot of economists agree on: tax the rich, not the corporations. I happen to agree with it as well. The problem is the ultra rich then leave the money in the corporations, and find ways to benefit from their company cars, company jets, and company manhattan duplex penthouse apartments above their offices that they then pay a nominal rent for. I think that below a certain revenue (not profit), corporations should be taxed at 0%. Problem is (same with free webhosting), people take advantage and just start spinning up hundreds or thousands of corporations (real estate companies do this already for liability). No matter how you structure it there is no way to provide tax advantages to one entity without having people game that system. |
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