Yes that's exactly what I'm implying. We tax the money going from a human being into the corporation (VAT etc). And we tax the money coming out (Payroll etc).

Yes that's exactly what I'm implying. We tax the money going from a human being into the corporation (VAT etc). And we tax the money coming out (Payroll etc). The idea that we must tax the company's profits too (if they made any) is what seems strange to me. Because it depends then on defining which bit of a multinational made the profit, and there's no good way to do this. All it seems to do is encourage complicated schemes which the little guys can't afford. And I don't see the advantage over just taxing both ends of the pipe. I know there are economists who disagree with me, and I don't understand their reasons. But all I'm seeing in the letter (and this thread) is personification, saying "the pipe must pay his share!" but the pipe isn't a person.