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> Corporations take their revenue to pay people as either employees or shareholders. I am not sure why we need to tax corporations at all. Take employees as inc
by elcritch 1y ago
> Corporations take their revenue to pay people as either employees or shareholders. I am not sure why we need to tax corporations at all. Take employees as income perhaps, tax dividends, tax shares being sold, but allow companies to use their money productively.
I believe almost the opposite. We should tax corporations more and individuals less. As long as we keep estate taxes to curtail dynasties.
We have far too much concentration in towards ever larger, more powerful corporations. By their nature corporations lack ethics and morals of normal people. Even when operated by well meaning people the system anonymizes individuals and increases group think, etc. That's not purely a bad thing as it also enables large scalable systems which profit humanity as a whole. However there should also be curtails on corporate power and control.