4 ms·
> Is there a reason corporations even pay taxes, versus just taxing individuals once they get money distributed to them from the corporation? Yes - because wi
by Closi 4y ago
> Is there a reason corporations even pay taxes, versus just taxing individuals once they get money distributed to them from the corporation?
Yes - because without corporation tax the revenues might get funneled out of the country and taxed elsewhere in tax avoidance schemes (both at the 'corporate' level in foreign-owned businesses, and at the individual level with the ability for the rich to setup shell corps to avoid income tax).