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> Besides, liberated from corporate taxes, they'd have more freedom to increase wages. Are corporations desperately brainstorming to find ways to pay their emp
by redler 10y ago
> Besides, liberated from corporate taxes, they'd have more freedom to increase wages.
Are corporations desperately brainstorming to find ways to pay their employees more, only to be foiled by freedom-impinging corporate taxes?
> The populist governments...need to deliver economic growth and benefits to the disenchanted workers who have brought them to power. One way to do it in a way everyone would understand would be to abolish the corporate tax
The article posits replacing corporate tax with a 25% VAT. These disenchanted lower-income workers would see their cost of living increase substantially, but presumably they could dip into their newfound corporate tax savings to cover the difference.