Abolish corporate taxes and increase the marginal income tax rate to 90%

Froggie

Member
Abolish corporate taxes an increase the marginal income tax rate to 90%American exports are made uncompetitive by tax. (I would really like to abolish the income tax and reinstate the import tax, but the unemployment of a tax accountants and IRS workers would break my heart)When the marginal rate was high the government did not collect much because the boards of directors saw more advantage investment in real factors of production.
 
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