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Then you'd need a property tax or else the investors can keep accumulating value and never paying tax.
by plonh 11y ago
Then you'd need a property tax or else the investors can keep accumulating value and never paying tax.
- drumdance 11y agoNo, you'd still tax distributions to investors. Basically, once money touches a personal bank account, it becomes taxable. The difference is that corporations would have much less incentive to hide their earnings.