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people own corporations. If you tax the income of people who own corporations, it's not necessarily necessary to tax corporations; just pass their profits throu
by fsckboy 2y ago
people own corporations. If you tax the income of people who own corporations, it's not necessarily necessary to tax corporations; just pass their profits through to the people and tax the people. There are good reasons not to double-tax, first at the corporate level and then again at the personal level.
- callc 2y agoCorporations are apparently people too! They should be taxed like any other flesh and blood human! I really want gov around the world to take back governance to be solely for the benefit of people. None of this greedy corruption lobbyist stuff.
- miohtama 2y agoThis is similar to the perverse incentive of share buybacks. It's just more tax efficient to pump stock value than pay proper dividends.