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Comment by atlantic

The cornerstone of a fair tax system is to avoid double taxation. Most countries currently practice triple taxation - they tax personal income, they tax the same income again through taxes on consumption, and a third time through corporate tax. And then there are still countless other small taxes. A fair system would tax people once, on their earnings, and stop there.

So, to answer your question, there should be no corporate tax, and no VAT, if income tax is set at the correct level. It makes no sense for you, as an individual, to compare yourself to a corporation.

parent atlantic 3 years ago

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