A shift of the tax burden? A brief from Washington, D.C.-based Tax Policy Center advocates shifting much of the tax on corporate income from corporations to shareholders, which “could be acceptable to both [major political] parties.” Corporate tax liability is “easy to manipulate” says the brief, “by the location of the corporation’s legal residence and the location of its profits,” but shareholder taxes on dividends and capital gains apply worldwide and it’s easier to identify who’s subject to the taxes. Read more at http://tpc.io/2gK5M6z
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