Comment by wakamoleguy

Comment by wakamoleguy 7 days ago

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Not all taxes are in income or capital. Some are e.g. on consumption (gas, cigarettes, carbon, etc). There’s an argument that in place of corporate income taxes, we should let companies reinvest freely (or pay dividends), and then recoup the taxes elsewhere. The Planet Money podcast has a classic episode about this and other aspects of a presidential platform most economists could agree on.