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by perryizgr8 955 days ago
If there is a personal income tax, then yes, there shouldn't be any corporate tax at all. It doesn't make sense. It's just double/triple taxation then. Money is only ever useful to a human at the end of the chain. Corporations and any other legal entities are fictions we create. There's no point taxing these intermediaries as long as every individual is being taxed on their income.