4 ms·
Am I alone in thinking corporation tax is idiotic? I think corporations are incredibly immoral institutions (due to skewed incentive structures), however - ult
by something123 11y ago
Am I alone in thinking corporation tax is idiotic?
I think corporations are incredibly immoral institutions (due to skewed incentive structures), however - ultimately it's a collection of investors, owners and employees.
Why not be honest and tax the corporations on the outflow of capital? ie. dividens, wages and sales tax
Corporate tax is ultimately a populist hidden tax on the whole economy b/c no one "feels" it. If you raise it everyone will whoop and cheer (b/c fuck big co!) and not appreciate it's impact on salaries or retirement funds.
Maybe I'm missing something?