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by AnthonyMouse
21 days ago
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What does that have to do with the revenue claim being questionable? Also, if that was the goal, wouldn't it be better to tax (or break up) the corporations rather than the shareholders? It comes out of their pocket either way, but forcing asset sales has a lot of negative consequences and bad incentives. On top of that, it handles the problem that the CEO of a huge company has too much power regardless of what percentage of the company's stock they own, by reducing the size of the company rather than their ownership stake in it. |
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If you do it via the corporations you're saying it should be linear (so everyone taxed flat). Doing it via the shareholders allows it to be non-linear.