Remix.run Logo
folsom 2 days ago

Then you would agree that all corporate taxes are not progressive and are eventually paid by all consumers thus all corporate taxes should be abolished.

jemmyw 2 days ago | parent | next [-]

Corporate taxes are paid on profit. In theory they should not change consumer pricing in a perfect market. They can be seen as a tool to encourage companies to spend more on R&D and capital investment rather than returning profit.

graeme a day ago | parent | prev [-]

I recall my left leaning economics professor arguing for the abolition of corporate taxes along similar lines actually. You don't really deserve the downvotes other than perhaps for the aggressive tone.

(I'm not committing myself to the idea, only that it isn't obviously outside the norms of economic thought)