[tonyedgecombe]

I've often wondered why we don't abolish corporation tax and instead tax capital gains and dividends like normal income.

[nickff]

This would be my personal preference, as I believe that voters often overlook the impact of corporate taxes, and there are just too many (different) taxes.

[daedrdev]

Because capital gains taxes really discourage selling which gums up the economy

[triceratops]

Wouldn't prices of assets just rise to compensate? People still need liquidity.

[nickff]

From what I understand, this lack of liquidity is not an issue in ‘financial markets’, but can be a problem for other assets such as housing.