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A comment on Facebook tax court trial begins over Ireland offshore deal. Parent comment

Re:Facebook tax court trial begins over Ireland offshore deal by awb on Wednesday February 19, 2020 @12:57AM (#22363385)
I think most people advocating for 0 income tax (corporate or personal) advocate replacing that tax with an increased sales tax instead.

That way you don't have to mess with income reporting, deductions, loopholes, etc. Just pay a % of each transaction directly to the government. Credit card companies and banks could even automate this so it's completely transparent.

[ Parent | on HN ]
Re:Facebook tax court trial begins over Ireland offshore deal by dodobirdlord on Wednesday February 19, 2020 @01:49AM (#22363566)
Most people (that I know of at least) advocating for 0 corporate income tax would like to see it paired with eliminating the special tax rate for capital gains and rolling capital gains income into earned income.
[ Parent | on HN ]