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Why wait for an “eventual” trickle down effect?

• granzymes 6y ago
  Because you can better control the tax incidence. https://www.milkenreview.org/articles/the-progressive-case-for-abolishing-the-corporate-income-tax-2 https://www.milkenreview.org/articles/the-progressive-case-f... https://www.theatlantic.com/business/archive/2010/10/why-we-should-eliminate-the-corporate-income-tax/65351/ https://www.theatlantic.com/business/archive/2010/10/why-we-...
  • MrPowers 6y ago
    Yes, and the deadweight loss of taxation. Taxing income is economically inefficient (because huge resource investments are needed for compliance). It's more efficient to tax land, gas, and soda. See Pigovian taxation for more details: https://en.wikipedia.org/wiki/Pigovian_tax https://en.wikipedia.org/wiki/Pigovian_tax
    • triceratops 6y ago
      Why not both?