- Apr 24, 2020
Lower corporate taxes absolute changes the economic incentive structure and encourages businesses in different ways.Lower corporate taxes won't do shit except inflate some bank accounts.
Corporate taxes aren't a tax on the rich. That tax burden is ultimately shared by every stakeholder in the corporation: ownership, employees, customers, partners, etc. Corporate tax isn't a progressive tax.
If you want to tax the rich, tax the rich. Don't attack the companies out of a misguided belief that the only people who benefit from a corporation are the shareholders.