4 ms·
Because a individuals earning income from the corporation will already pay taxes too. The taxes on the corporation are essentially a double-tax.
by laser 10y ago
Because a individuals earning income from the corporation will already pay taxes too. The taxes on the corporation are essentially a double-tax.
- srtjstjsj 10y ago"double-tax" is a nonsense concept. There are dozens of overlapping taxes in the world.
- AckSyn 10y ago> There are dozens of overlapping taxes in the world And we shouldn't have any of it.
- valuearb 10y agoIt's not nonsense. You have to determine what level of taxation is appropriate on investment, if you ignore secondary taxes you are ignoring the real cost to investors. If you think 50% is a reasonable tax on investment, then fine. But don't pretend it doesn't exist.