I used to think this was the right move. Tax everyone personally and let corporations do what they do best.
These days I have trouble reconciling the notion that in the near future we're going to need guaranteed minimum incomes for everyone as more and more jobs are automated. With fewer people working traditional jobs there will be even more incentive to shift the tax base toward the corporation and away from the individual.
tldr: how does abolishing corporate tax jive with universal basic income?
These days I have trouble reconciling the notion that in the near future we're going to need guaranteed minimum incomes for everyone as more and more jobs are automated. With fewer people working traditional jobs there will be even more incentive to shift the tax base toward the corporation and away from the individual.
tldr: how does abolishing corporate tax jive with universal basic income?