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Old 11-18-2007, 07:25 PM
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Default You can not tax a corporation

Quote:
Originally Posted by kmarinas86";p=&quot View Post
A slight enough regressive taxation on company profits per employee would actually be a good thing because it would reward the company for increasing a worker's economic efficiency while still being progressive with personal income.
There is a fundamental property of economics:
You can not tax a corporation.

You may tax their customers.
You may tax their employees.
You may tax their stockholders.
You can not tax a corporation.

They will simply pass the tax along to one of the three individuals.
Which group of individuals do you see this tax passed on to?
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