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As a normal guy, it is hard to understand the extremes to which a company will avoid taxes, basically getting all the profit to it's stakeholders, and none to t
by ericffr 5y ago
As a normal guy, it is hard to understand the extremes to which a company will avoid taxes, basically getting all the profit to it's stakeholders, and none to the ones who made it possible for them to succeed (the workers, the ones who built the roads, the ones who provides the education to their kids...)
- robertlagrant 5y agoHigher corporation tax ignores the presence of that instinct. If there's more tax on profits, then businesses need to reduce costs (e.g. salaries for workers such as road builders) to compensate.