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[quote=Anonymous][quote=Anonymous]
https://www.nytimes.com/2019/04/29/us/politics/democrats-taxes-2020.html?action=click&module=Top%20Stories&pgtype=Homepage

Sorry, but this is pure BS. And when they get a rebate, it comes out of MY pocket! These companies take advantage of the US legal system, financial markets, education, clear air, etc., they should pay their fair share. I am amazed more people aren't upset. Additionally,

-- is it right when a hedge fund manager pays a lower tax rate than a NYC policeman?

-- that Jared Kushner's net worth increases by tens of millions yet he pays no taxes.

OK, I am going to be told that everything they do is legal. But that does not make it right. 
[/quote]

This argument is flawed from the start. First, a hedge fund manager is not a corporation. If his personal tax rate is 0%, I would be surprised. Jared Kushner's net worth is not taxable.

First, why would you tax a corporation? It doesn't make sense. The corporation doesn't exist as a person (please don't bother to argue about rights since I am against personhood for corporations). The corporation is comprised of individuals. Tax the individuals. If the corporation shields profits, that's fine. It can't shield those profits forever. At some point it has to divest those assets. Either to cover losses or to pay to employees.

Jeff Bezos is _not_ Amazon. What's Bezos personal tax rate? I don't hear any mention of this. I gather it isn't 0% since that story doesn't sell.[/quote]

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