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01 March 2017 / Report
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Copy LinkTrue reform of the corporate income tax cannot be achieved in total isolation from the status of the individual income tax. We hope to explain to our fellow citizens that there is no meaningful difference between taxation of corporate income under the corporate income tax, on the one hand, and taxation of that same corporate income through the individual income tax on the firm’s owners, on the other. A reformed individual income tax should make it possible to reduce the corporate income tax burden and, therefore, to increase the competitiveness of US producers and job creators.
True reform of the corporate income tax cannot be achieved in total isolation from the status of the individual income tax. We hope to explain to our fellow citizens that there is no meaningful difference between taxation of corporate income under the corporate income tax, on the one hand, and taxation of that same corporate income through the individual income tax on the firm’s owners, on the other. A reformed individual income tax should make it possible to reduce the corporate income tax burden and, therefore, to increase the competitiveness of US producers and job creators.
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