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LostInParadise's avatar

Should corporations be taxed?

Asked by LostInParadise (31905points) November 9th, 2012

If a corporation leaves its profit in the vault then I can see taxing it, but not the money that gets distributed as dividends. It is double taxation. Taxes should be increased on the top 1% and there should also be a higher capital gains tax, but why should corporations be taxed on the same income that gets distributed to share owners?

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