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An interesting thought experiment what would happen if we treated people as corporations. I guess we'd have to raise income taxes quite a bit to make ends meet,
by purplethinking 2y ago
An interesting thought experiment what would happen if we treated people as corporations. I guess we'd have to raise income taxes quite a bit to make ends meet, as most people spend everything they make.
- JumpCrisscross 2y ago> what would happen if we treated people as corporations You'd rename line items and move on. Companies can't deduct any expense. The chief ones are things they've already paid tax on, e.g. wages subject to payroll and purchases subject to sales taxes.
- ffsm8 2y agoUh, isn't that exactly like it is for people? They pay taxes on income and VAT