> Besides, liberated from corporate taxes, they'd have more freedom to increase wages.
Are corporations desperately brainstorming to find ways to pay their employees more, only to be foiled by freedom-impinging corporate taxes?
> The populist governments...need to deliver economic growth and benefits to the disenchanted workers who have brought them to power. One way to do it in a way everyone would understand would be to abolish the corporate tax
The article posits replacing corporate tax with a 25% VAT. These disenchanted lower-income workers would see their cost of living increase substantially, but presumably they could dip into their newfound corporate tax savings to cover the difference.
Are corporations desperately brainstorming to find ways to pay their employees more, only to be foiled by freedom-impinging corporate taxes?
> The populist governments...need to deliver economic growth and benefits to the disenchanted workers who have brought them to power. One way to do it in a way everyone would understand would be to abolish the corporate tax
The article posits replacing corporate tax with a 25% VAT. These disenchanted lower-income workers would see their cost of living increase substantially, but presumably they could dip into their newfound corporate tax savings to cover the difference.