3 ms·

Fully agree, if the state did not tax corporations they could work near maximum efficiency if correctly managed, while the state still could get his share whene

• mschuster91 11y ago
  > while the state still could get his share whenever an owner extracts a part of the profits for private use The problem is: this won't happen, as people by nature are too greedy. They will spend the minimum until someone finds a tax loophole and then in a rush all the money is gone and untaxable.
  • lazyjones 11y ago
    > The problem is: this won't happen, as people by nature are too greedy. They will spend the minimum until someone finds a tax loophole Typical extracted profits are dividends. In my country, tax is due and payable by the corporation as soon as dividends are issued and unless you're a majority owner, you have no control over when dividends are paid (certainly true for Google, Apple, Microsoft etc. shareholders).