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Corporate taxes create a huge amount of deadweight loss and disproportionately effect workers. Taxing the income of the rich is a much more effective way to do
by colinmhayes 6y ago
Corporate taxes create a huge amount of deadweight loss and disproportionately effect workers. Taxing the income of the rich is a much more effective way to do what you want. There are many many econ papers on this, go ahead and google it.
- pydry 6y ago? The exact opposite is true. Taxing revenue and salaries affects workers and the overall health of the company. Taxing profits affects mainly just shareholders - especially for larger companies. There are several papers on this.