3 ms·
> That’s what taxing corporate income does: tax the wealthy. No it doesn't. It equally affects both large shareholders and small shareholders. E. g. pension fu
by asteroidbelt 5y ago
> That’s what taxing corporate income does: tax the wealthy.
No it doesn't. It equally affects both large shareholders and small shareholders. E. g. pension funds will get lower gains, and regular dudes 401k (or whatever they are called in your country) will get smaller yields.
I don't have numbers, but I suspect the richest people get only small percent of large corporations income.