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by AnimalMuppet 1042 days ago
Meh, this is just going to lead banks to find ways to move profits into 2024. If they're serious, they should permanently raise the tax rate on high-earning banks.
1 comments

Why is personal income tax progressive but not corporate income tax?

Of course progression needs to be based not only of the profits of a given corporation but also all of the subsidiaries down the chain of ownership.