3 ms·
What’s a “corporation person”? There’s an implication of unfair consumption that defies you on the basis of taxation. Don’t get me wrong, I am fully versed in t
by the_optimist 3y ago
What’s a “corporation person”? There’s an implication of unfair consumption that defies you on the basis of taxation. Don’t get me wrong, I am fully versed in the tax system and unfairness around it, but it’s not because corporations can pool capital and earn income without personal taxes. Much more so it is on the side of categories of taxation, with various arbitrary and intricate rules about which real people are permitted to do what on what category of income.
- readthenotes1 3y agoI'm sure Harvard's investment arm is incorporated. That gives it some person hood in US law. It's making income on its investments and not paying income tax.