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Corporate taxes will be abolished soon by smart governments and replaced by (higher) personal income/wealth taxes. It's the only realistic solution to global ta
by lazyjones 10y ago
Corporate taxes will be abolished soon by smart governments and replaced by (higher) personal income/wealth taxes. It's the only realistic solution to global tax competition because corporate entities are much more mobile and flexible than individuals (including shareholders). It's either higher taxes on dividends and lower/none on corporate profits, or diminishing tax income overall.