A better option would be to eliminate corporate income tax entirely, and raise taxes on the highest income employees and investors to make the change revenue neutral. Corporations waste a lot of resources on financial engineering to minimize tax liability, and that's a pure deadweight loss for the economy as a whole.
A better option would be to eliminate corporate income tax entirely, and raise taxes on the highest income employees and investors to make the change revenue neutral. Corporations waste a lot of resources on financial engineering to minimize tax liability, and that's a pure deadweight loss for the economy as a whole.