| ▲ | bena 9 hours ago | |
> You'll see this often in the social democracies of Scandinavia, like Sweden or Denmark. These are countries with strong welfare states, and yet, the corporate tax rates are often lower than the U.S., even if you look at the most red states. This is only true if you look at the standard tax rate. The effective tax rate of a lot of US corporations is appreciably lower. It works in places like Scandinavia because they don't give corporations ways to lower their tax burden | ||
| ▲ | manlymuppet 8 hours ago | parent [-] | |
My point still stands though. Taxing income and consumption directly (hopefully the income/consumption of rich people) is preferable to indirect corporate taxes. In other conversation though, am I curious to know where you got your data. As far as I'm aware the Scandinavian countries do in fact have a robust system of corporate tax incentives. This is part of the reason they boast such high productivity. I very well might be wrong here though, and the topic is interesting. Would you care to share a source? | ||