Abolish the Corp Income Tax

Reader comment on: USA Today on Corporate Taxes

Submitted by Lyle (United States), Mar 30, 2011 11:29

Abolish the corporate income tax, and raise the rate on dividends and cap gains to the same rate as wages. Next treat all businesses as corps so that partnerships etc are taxed on money or services provided to investors. Given the amount that is also spent to avoid the corp tax the question is what is the most efficient tax, I suspect a Vat would fit that bill.


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