from Hacker News

Big Chunks of Corporate Tax Cuts End Up in Executives’ Pockets

by seagullz on 3/30/21, 6:39 PM with 4 comments

  • by didgeoridoo on 3/31/21, 7:16 AM

    Federally, the corporate tax rate is 21%. The top marginal rate (which all these executives pay) is over 30%. Every dollar that goes to execs is MORE highly taxed than if it had stayed in the corporation.

    If the goal is to maximize total tax collected, this is an argument for the total elimination of corporate taxes, not an increase.

  • by DangitBobby on 3/31/21, 3:55 AM

    Be wary, still in peer review.