> Taxing corporations is effectively a way of taxing shareholders so if you want to remove the corporate tax rate you need to tax capital gains better I disagr

> Taxing corporations is effectively a way of taxing shareholders so if you want to remove the corporate tax rate you need to tax capital gains better I disagree with this statement. It is NOT an effective way to tax shareholders. It depends on the economic incidence of the tax on the specific company. For example, companies that can outsource (like tech) have a huge competitive leg over companies that are localized and cant do the same shennanigans. Investors can shield themselves from the cost of the corpo tax buy buying low corp tax holdings. Now workers and consumers of high-corp taxes dont have the same flexibility. You are correct in saying it would be better to get capital gains tax. Its ridicolous fundamentally that income tax is so much higher at any level than capital tax: it should have same brackets, for the mere distorsion of masking one as the other.