Another aspect of the corporate tax is that it in-effect is a secret tax. You see how much the gov't takes from you on your pay stubs, or your receipts at the store. But you don't see the effects of the corporate tax.
I'd think it would be healthy too move to a model of looking at corporations are simply intermediaries for organizing people. Ultimately the money that flows into the corporation has to flow out either through salaries, dividens or sales - and the money should be taxed at those points. If you tax it in the middle people just end up thinking "oh, well they're taxing the evil corporates, so that's good!" without seeing the dampening effect on salaries and their investments.
I understand that it's a bit simplistic, but I think the current model of hidding taxes is parasitic. You look at the insane sales taxes they have in Europe. They keep going up and the citizens don't really perceive it and so there is no push-back. Here in the US, when the sales tax goes up by half a percent people are up in arms.
I'd think it would be healthy too move to a model of looking at corporations are simply intermediaries for organizing people. Ultimately the money that flows into the corporation has to flow out either through salaries, dividens or sales - and the money should be taxed at those points. If you tax it in the middle people just end up thinking "oh, well they're taxing the evil corporates, so that's good!" without seeing the dampening effect on salaries and their investments.
I understand that it's a bit simplistic, but I think the current model of hidding taxes is parasitic. You look at the insane sales taxes they have in Europe. They keep going up and the citizens don't really perceive it and so there is no push-back. Here in the US, when the sales tax goes up by half a percent people are up in arms.