Re:What happens when a culture is driven by the need for mon...
by plonh on Wednesday November 11, 2015 @04:19PM
(#10549364)
Then you'd need a property tax or else the investors can keep accumulating value and never paying tax.
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Re:What happens when a culture is driven by the need for mon...
by drumdance on Wednesday November 11, 2015 @04:34PM
(#10549468)
No, you'd still tax distributions to investors. Basically, once money touches a personal bank account, it becomes taxable. The difference is that corporations would have much less incentive to hide their earnings.