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Except that corporations have various tax-reduction tools available that are not available to anyone but the super-wealthy. They can move their profits offshore
by jschwartzi 8y ago
Except that corporations have various tax-reduction tools available that are not available to anyone but the super-wealthy. They can move their profits offshore, move wealth around between holding companies, apply for R&D tax credits, and generally arrange things so as to avoid taxes. Whereas the average middle-class person has virtually no access to these things without leading a very specific lifestyle.