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by cwhiz 1897 days ago
Corporate taxes are such a waste of time. Corporations aren’t ever going to pay them so we just end up with all the downsides.

Missing out on local investments, IP offshoring, and the capital gains tax rates.

So what we have is a class of people paying significantly lower tax rates than they should be, corporations not paying anything at all, and investment money shifting out of the US.

But at least we can claim to have a progressive tax system, or whatever it is that idealists want to call it.