4 ms·

[Eliminating or severely reducing corporate taxation is a fairly mainstream idea in economics](https://www.econlib.org/library/Enc/CorporateTaxation.html https:

by jdasdf 5y ago

[Eliminating or severely reducing corporate taxation is a fairly mainstream idea in economics](https://www.econlib.org/library/Enc/CorporateTaxation.html https://www.econlib.org/library/Enc/CorporateTaxation.html)

ceejayoz 5y ago
That's the website of a conservative think-tank.
- hn_ta 5y ago
  Why don't you argue the point and offer an alternative opinion or rebuttal instead of profiling the messenger?
  - ceejayoz 5y ago
    The messenger is relevant, at times, and is at least worth mentioning. I'm skeptical of "everyone agrees with me!" coming from any think tank, left or right. https://taxfoundation.org/case-not-eliminating-corporate-income-tax/ https://taxfoundation.org/case-not-eliminating-corporate-inc..., for example, argues that relying on taxing shareholders instead of the corporation ignores foreign shareholders whose income isn't subject to US taxation. (For similar disclosure, they're generally considered right-leaning.)
    - hn_ta 5y ago
      > for example, argues that relying on taxing shareholders instead of the corporation ignores foreign shareholders whose income isn't subject to US taxation. And that is a good point to discuss/argue, regardless of the messenger. You could do the same with the previous resource as well; pull out points that you like/dislike and we discuss around that as opposed to shooting down any discussion because you don't like the messenger.
    - gruez 5y ago
      >argues that relying on taxing shareholders instead of the corporation ignores foreign shareholders whose income isn't subject to US taxation. They aren't? What about withholding tax?
      - ceejayoz 5y ago
        That's on income, not capital gains. https://www.investopedia.com/ask/answers/06/nonusresidenttax.asp https://www.investopedia.com/ask/answers/06/nonusresidenttax... > Nonresident aliens are subject to no U.S. capital gains tax, but capital gains taxes will likely be paid in your country of origin. > Nonresident aliens are subject to a dividend tax rate of 30% on dividends paid out by U.S. companies.
- proxyon 5y ago
  Workers at conservative think-tanks breathe oxygen. Ergo, breathing oxygen is wrong.
  - ceejayoz 5y ago
    Take a quick spin through their "encyclopedia" and see. Labor unions? Bad! Climate change? Probably good, actually! Their article on oxygen would be "oxygen is good, always" or "oxygen is bad, always". They don't leave much room for nuance in their encyclopedia, and unsourced assertions of a policies popularity in their writings can probably be treated with a grain of salt.
    - proxyon 5y ago
      The thing is the assertion that corporate taxes are bad is incredibly mundane. Not in a pro-pro-big business kind of way but in a pro-everyone kind of way. The problem with corporate taxes is that they are easily dodged via the most mundane write-offs, exchanges and planned for deduction. Corporate taxes are offset by a company by simple hiring a tax lawyer. Individual taxes are far harder to dodge and basically require the individual to abandon his/her country in order to do it, or to cheat by putting them in a dark bank account overseas. This is not a partisan issue. If you want a corporation to pay its taxes, put its taxes on the people who make money off that corporation.
      - ceejayoz 5y ago
        > This is not a partisan issue. The best way to demonstrate that would be to link to a more neutral source, or sources across the partisan spectrum. "Here's an op-ed by a conservative think tank about why taxes are bad" is gonna get people expressing very reasonable skepticism.
- dragonwriter 5y ago
  Not only that, but it offers no support at all for its claims of broad support for the idea. It is an ideological propaganda outfit offering unsupported claims that an element of its ideology is broadly popular outside of that ideology.

by jdasdf 5y ago

ceejayoz 5y ago

That's the website of a conservative think-tank.

hn_ta 5y ago
Why don't you argue the point and offer an alternative opinion or rebuttal instead of profiling the messenger?
- ceejayoz 5y ago
  The messenger is relevant, at times, and is at least worth mentioning. I'm skeptical of "everyone agrees with me!" coming from any think tank, left or right. https://taxfoundation.org/case-not-eliminating-corporate-income-tax/ https://taxfoundation.org/case-not-eliminating-corporate-inc..., for example, argues that relying on taxing shareholders instead of the corporation ignores foreign shareholders whose income isn't subject to US taxation. (For similar disclosure, they're generally considered right-leaning.)
  - hn_ta 5y ago
    > for example, argues that relying on taxing shareholders instead of the corporation ignores foreign shareholders whose income isn't subject to US taxation. And that is a good point to discuss/argue, regardless of the messenger. You could do the same with the previous resource as well; pull out points that you like/dislike and we discuss around that as opposed to shooting down any discussion because you don't like the messenger.
  - gruez 5y ago
    >argues that relying on taxing shareholders instead of the corporation ignores foreign shareholders whose income isn't subject to US taxation. They aren't? What about withholding tax?
    - ceejayoz 5y ago
      That's on income, not capital gains. https://www.investopedia.com/ask/answers/06/nonusresidenttax.asp https://www.investopedia.com/ask/answers/06/nonusresidenttax... > Nonresident aliens are subject to no U.S. capital gains tax, but capital gains taxes will likely be paid in your country of origin. > Nonresident aliens are subject to a dividend tax rate of 30% on dividends paid out by U.S. companies.
proxyon 5y ago
Workers at conservative think-tanks breathe oxygen. Ergo, breathing oxygen is wrong.
- ceejayoz 5y ago
  Take a quick spin through their "encyclopedia" and see. Labor unions? Bad! Climate change? Probably good, actually! Their article on oxygen would be "oxygen is good, always" or "oxygen is bad, always". They don't leave much room for nuance in their encyclopedia, and unsourced assertions of a policies popularity in their writings can probably be treated with a grain of salt.
  - proxyon 5y ago
    The thing is the assertion that corporate taxes are bad is incredibly mundane. Not in a pro-pro-big business kind of way but in a pro-everyone kind of way. The problem with corporate taxes is that they are easily dodged via the most mundane write-offs, exchanges and planned for deduction. Corporate taxes are offset by a company by simple hiring a tax lawyer. Individual taxes are far harder to dodge and basically require the individual to abandon his/her country in order to do it, or to cheat by putting them in a dark bank account overseas. This is not a partisan issue. If you want a corporation to pay its taxes, put its taxes on the people who make money off that corporation.
    - ceejayoz 5y ago
      > This is not a partisan issue. The best way to demonstrate that would be to link to a more neutral source, or sources across the partisan spectrum. "Here's an op-ed by a conservative think tank about why taxes are bad" is gonna get people expressing very reasonable skepticism.
dragonwriter 5y ago
Not only that, but it offers no support at all for its claims of broad support for the idea. It is an ideological propaganda outfit offering unsupported claims that an element of its ideology is broadly popular outside of that ideology.