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Corporate taxation is double taxation because personal income (and capital gains) are taxed. The problem with double taxation is that splits and hides the amoun
by RA_Fisher 11y ago
Corporate taxation is double taxation because personal income (and capital gains) are taxed. The problem with double taxation is that splits and hides the amount of tax. It's an anti-pattern that creates complexity and deadweight losses like tax accounting, etc. that could be used for productive purposes.