Quote:
Originally Posted by MaDalton
if you want to know where your tax money goes look up "double irish with a dutch sandwich"
and i dont get why still many people - even business owners who pay a lot of taxes - defend big corps who are able to legally lower their taxes to like 2% with these constructions.
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one reason is that it's not clear why corporations should pay taxes in the first place...
corporations pay taxes, then people who own these corporations pay taxes on the same income again...
it's ridiculous that corporation should pay 35% on it's income, and then person receiving dividends from that corporation should get taxed again and pay another 43%... no?
so either dividends should not be taxed OR corporations shouldn't be taxed... otherwise same income is getting taxed twice...