3 ms·
>People who complain about “companies not paying taxes...” don’t understand the principles behind taxation very well It's true that people don't understand the
by dalbasal 6y ago
>People who complain about “companies not paying taxes...” don’t understand the principles behind taxation very well
It's true that people don't understand the principles or details very well, but it's also true that the principles are just a starting point on a convoluted road to a working understanding.
Corporate income taxes are paid on profits. Individual income tax is on revenue. That's the principle. Square that principle with the amount of tax paid over time by the most profitable companies, say amazon. Square the idea of individual income tax with the actual amount paid by Bezos.
- xapata 6y agoWealth is different from income.