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Reply #4: Increase tax on wealthy individuals, eliminate corporate tax [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 02:48 PM
Response to Reply #3
4. Increase tax on wealthy individuals, eliminate corporate tax
Every penny of income derived from any corporation ends up in some individual's pocket. That includes CEO types, VP's, large stock holders, small stock holders, all employees. It is much better to tax individuals based on their income level. Taxing corporations penalizes the small fry employees and small stock holders equally with the big shots. Worse than that, it gives corporations incentive to move their business to lower tax countries.
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