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It's more efficient to lower corporate taxes and raise income taxes.
by vanterdon 7y ago
It's more efficient to lower corporate taxes and raise income taxes.
- evancox100 7y agoI generally agree with you, but not if you add escape routes for the money so that people of means can avoid said personal income tax. See capital gains rate, owner-operated business rate, all the non-taxed perks that businesses provide to execs (e.g. using corporate jet as private jet). You also have to staff the tax collector appropriately to enforce the boundary between corporate and personal income.
- CuriousSkeptic 7y agoMore efficient still would be to replace income taxes with Georgian land rents.