"You can smell it in the air: Like a burning belt on a loose pulley. People are stretched."
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No arguement there, but the question posed by he link is: do higher corporate tax burdens increase or decrease the odds of people (the workers, mostly) being stretched as such? It's not as black & white a question as you might think. What was surprising to me was to read where the US placed in corporate income tax burden. It made me wonder if that is the whole story or if the rate compensates for some other tax deficiencies. At the end of the day, it is desirable to have more opportunities for people, and those require healthy businesses. The "correct" tax rate is not necessarily the higher one, although it might be.
The problem of greedy corporate payouts is separate, I think, from business tax rate structure. Besides, the admittedly greedy CEO class still has to pay its own income tax. Despite any shelters they may find, they generally pay a higher rate than you or I do. Usually, it's more than your theoretical 20%.
