Quote:So you want to eliminate the corporate income tax and punish the individuals? You do realize that a lot of those "owners of the corporation" who receive dividends are retirees or or folks with a 401k. Let's punish those people by hammering them with more taxes including a consumption tax and a universal tax rebate for the poor (already exists. It's called the Earned Income Tax Credit. Poor don't pay taxes).


Companies should pay some level of income taxes. It doesn't need to be the highest rate on the planet. You say corporate taxes are hurting this country, so your grand plan is to stick it to the taxpayers. Not a good trade.