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Corporate taxes suck because they are a bad method of levying taxes, and also because its hard to know who is actually paying them. The taxes can fall on invest
by conanbatt 8y ago
Corporate taxes suck because they are a bad method of levying taxes, and also because its hard to know who is actually paying them. The taxes can fall on investores, on the workers or consumers, and that changes based on the market the company operates in.
I dont think I understood your proposed schemes: all those individuals you mention pay income taxes. Income taxes always have the shortcomings you mention, particularly because there are different rates to different types of income. If you made income tax a flat rate it would be infinitely smaller.