Re:Taxation of Carried Interest
by Shivetya on Sunday June 10, 2018 @10:41AM
(#17278321)
Corporate income tax is just an indirect tax on the populace.
regardless, just flat tax all income equally and refund everyone a set amount that can be adjusted as needed. In other words, use the old flat tax that some have pushed to get your tax equality and basic income in one step. (no cap on income or tax from it)
in this day and age the computational power and such is such that we can easily do it all.
the reason it won't? because a flat tax/etc takes power away from politicians who use the tax code to punish and reward, it never has been fair
regardless, just flat tax all income equally and refund everyone a set amount that can be adjusted as needed. In other words, use the old flat tax that some have pushed to get your tax equality and basic income in one step. (no cap on income or tax from it)
in this day and age the computational power and such is such that we can easily do it all.
the reason it won't? because a flat tax/etc takes power away from politicians who use the tax code to punish and reward, it never has been fair