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by yetanotherforg
1287 days ago
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Corporations seem to do a good job of avoiding taxes in a way that people cannot replicate. The ultra-rich founders also do a great job of making sure they pay a lower tax rate than the rest of us. I think Keynes said "The worst form of capitalism is in which the public holds all the risk, and the private sector realizes all the rewards". |
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Focusing on the latter is fair enough. Thinking that a corporation having lots of money is bad seems completely pointless. That money ends up as dividends or higher salaries or lower prices. Tax the first two and celebrate all three.