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i'm absolutely in favor of progressive tax functions (minus the numerous loopholes, e.g., tax shields) for corporations. in fact, there's no reason to have diff
by clairity 5y ago
i'm absolutely in favor of progressive tax functions (minus the numerous loopholes, e.g., tax shields) for corporations. in fact, there's no reason to have differing corporate and individual tax functions (smoothly varying, as opposed to discontinuous, stepped rates), especially when corporations have gained favored personhood status, and are treated better and more deferentially relative to actual people. note that the biden global tax is a tax floor, and discontinuities just beg to be gamed.
moreover there's no reason to preclude one for the other. let's do both, and more, to make markets competitive and work for the common welfare, rather than decidedly favoring consolidation and capital-holders.