> Most economists love the idea of a 0% corporate income tax, which would likely be paired with LTCG going to the earned income rate. Unfortunately it sounds too much like a "handout" to be politically viable.
Source?
I thought the issue with no corporate income tax was that people could just set up shell corporations and indefinitely delay their income taxes.
Source?
I thought the issue with no corporate income tax was that people could just set up shell corporations and indefinitely delay their income taxes.