3 ms·
If governments wanted to solve this problem, they could do so trivially by setting wealth taxes on the human owners of those corporations
by Drbble 14y ago
If governments wanted to solve this problem, they could do so trivially by setting wealth taxes on the human owners of those corporations
- DanBC 14y agoRich people can afford good accountants and lawyers. Tax avoidance[1] skirts the edge of tax evasion[2], but that's what the good accountants are for. Putting different taxes on the owners of some corporation just means that no-one owns the corporation and that everyone is an employee. [1] Avoidance is legally using loopholes to reduce a tax bill. [2] Evasion is illegally using loopholes, or just plain not paying tax.