Why should corporations be taxed?Submitted by George Strait on Thu, 06/19/2014 - 09:17
I saw someone else post on another thread about replacing all taxes with corporate taxes.
What, first of all, is a corporation? It's an organization of many people working to achieve a common goal, and this corporation can behave legally as if it were a single person with a single goal. A corporation is teamwork.
So imagine, if there were no personal taxes, and only corporate taxes. Wouldn't that be a direct penalty on teamwork? Would the world be a better place if capital couldn't organize as easily?
Would cars be cheaper, or more expensive? Would gas be cheaper, or more expensive?