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Those bonuses are then taxed too, which should give you a hint why corporate tax is a bit daft to begin with. Corporate tax is, by and large, a fiction to plac
by nmfisher 5y ago
Those bonuses are then taxed too, which should give you a hint why corporate tax is a bit daft to begin with.
Corporate tax is, by and large, a fiction to placate voters. It could (should?) be replaced with a more flexible system that isn't as susceptible to the usual deduction and profit shifting.