Re:Executives Play Down the Possibility of Raises
by asdfman123 on Wednesday May 30, 2018 @12:34PM
(#17189130)
I thought this too, but it does appear that most economists believe that you should have no/very low corporate taxes. You should tax things you want to discourage, and you don't want to discourage business investment.
However, like everything else in our country -- what's superficially a good idea gets cut to pieces by private interests and it ends up benefiting them.
In a perfect world a corporate tax cut would be offset by hefty consumption taxes for the rich, and estate taxes. But that of course did not happen, and will not happen in a republican-controlled government.
However, like everything else in our country -- what's superficially a good idea gets cut to pieces by private interests and it ends up benefiting them.
In a perfect world a corporate tax cut would be offset by hefty consumption taxes for the rich, and estate taxes. But that of course did not happen, and will not happen in a republican-controlled government.