Mark -
...Corporations are separate legal entities, who enjoy and convey certain benefits to their owners. As such, on the face they deserve to be taxed just as individuals on the face.
However, the stronger case for taxing corporate entities is their real world use in managing tax liabilities for higher networth individuals, who own or control the bulk of privately held corporations....
Your use of the word 'deserve' would seem to indicate a predilection in viewing the world through envy-colored green glasses, as well as a tendency to want to control it.
Everything you bring out is, at best, an argument to eliminate the income tax, of all flavors, completely. When the Federal Government imposes a massive and involuntary tyrannical income tax system on everyone, it hardly seems appropriate to complain that people then act to mitigate its effects to the small extent that they can do so.
Regards, Don |
