Sunday, October 22, 2017

Like sales taxes are considered regressive, aren’t corporate taxes too?

Sales taxes are considered regressive because they take a larger percentage of income from low-income taxpayers than from high-income taxpayers.

Does that not apply equally to corporate taxes? I mean they tax income that is going to poorer shareholders with fewer shares with the same rate they tax the income of those with millions of shares?

But then again that might just be me hating corporate taxes, since I believe that the only ones to should pay taxes to the government are we the citizens… so that governments have no doubt about who they work for.