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High income taxes including Corporate ones are unenthical IMO. Just tax land value and goods/services at the point of consumption, aka VAT, if the end goals is
by andromeduck 6y ago
High income taxes including Corporate ones are unenthical IMO. Just tax land value and goods/services at the point of consumption, aka VAT, if the end goals is equitable consumption, aka realized wealth, not vague notions of unrealizable wealth and influence which completely fail to account for the equivalent value in discretionary power held by politicians and beaurcrats.
Corporate taxes in particular is just a way for politicians to hide the true tax wedge just like when they tax your income from you and your employer.
- gher-shyu3i 6y agoThere's another option. Look up how Islam solved this issue over 1400 years ago in a much more affordable and superior manner by means of Zakat. No income tax, no corporate tax, not VAT.
- ccvannorman 6y agoTo save people a Google: Zakat | Islamic tax | Britannica https://www.britannica.com https://www.britannica.com › ... › Banking & Business Zakat, Arabic zakāt, an obligatory tax required of Muslims, one of the five Pillars of Islam. The zakat is levied on five categories of property—food grains; fruit; camels, cattle, sheep, and goats; gold and silver; and movable goods—and is payable each year after one year's possession.