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> n your scenario government revenue goes down as no corporate taxes are now collected and no additional individual taxes will be paid. My scenario very clearl
by mbesto 5y ago
> n your scenario government revenue goes down as no corporate taxes are now collected and no additional individual taxes will be paid.
My scenario very clearly illustrated that the government would collect $5M in taxes where they wouldn't have before.
> the rich don't pay taxes like we do so any proposal that attempts to work by increasing individual taxes just won't work:)
Which is why consumption taxes work (hence my suggestion of VAT)