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Capital is what remains after tax. During the life of the company the structure paid social and income tax. Strongly taxing what remains (wealth) is not only u
by shin_lao 14y ago
Capital is what remains after tax.
During the life of the company the structure paid social and income tax. Strongly taxing what remains (wealth) is not only unfair (What, how did you manage to produce wealth? Let's tax it!) but results in, in fact, a double tax.