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Corporate tax does not help or hurt labor. Corporations do not pay taxes - their customers or their employees do. The only way that a corporate tax is better
by subradios 4y ago
Corporate tax does not help or hurt labor.
Corporations do not pay taxes - their customers or their employees do.
The only way that a corporate tax is better for the worker than not a corporate tax is if that money will be better spent by the government. We cannot show this to be true, because very often government funds are utilized to fund programs and projects that are primarily ideologically motivated instead of mere improvements to facilities and entitlements we all use.
Additionally sectors that have largesse of government spend (Medicare, military procurement, California HSR) start to morph to maximally abuse procurement bureaucracy and obtain monopoly power rather than provide service.
These problems are solvable to be clear, but it doesn't strike me as obvious that the money Amazon makes is spent better by Congress than by Amazon in every possible case.
- sooheon 4y agoThis is true. Corporate tax is just a tax on consumers, workers, or investors, with extra steps.
- greesil 4y agoLook at companies with enormous stockpiles of cash, or doing stock buybacks. They're just sitting on it, when some of it could be better spent on crumbling infrastructure that their delivery vehicles drive on, for example.