Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in...
by dragonwriter on Wednesday February 06, 2019 @02:09PM
(#19098575)
> The whole reason we have a corporate tax is because we feel rich people need to be taxed more
No, it's because without either having it or treating all corps as pass-through entities (which becomes problematic when you've got layers of ownership before tracing back to individual taxpayers) corporations become abusable as tax shelters.
No, it's because without either having it or treating all corps as pass-through entities (which becomes problematic when you've got layers of ownership before tracing back to individual taxpayers) corporations become abusable as tax shelters.