What is your problem with socialism?

[Starry Messenger]

166. Err... did you not read the post? Or are the details of the topic too complex for you to follow?

And I quote (myself):
"Only in the case of a c-corp is there sufficient division of entities to provide taxation of owners (share holders) in addition to taxation of the corporate entity... But in that case it is not a "draw"- it is either salary or dividends (unless your accountant is smoking crack and making shit up on the fly).

"One presumes you can live with paying taxes on your salary, like the rest of us... And one can acquire preferential tax rates on dividend income- if the corporation can qualify for qualified dividend status for its dividend payouts... "

So... yes, obviously I have "heard about corporate taxes". But, and here's the rub, as long as "corporations are people"... as long as corporations want to have the legal protections enjoined by actual, real individuals, they will have to pay in some way for that artificial privilege... and the cost is that they, like "other people", have to pay taxes.

If they then apportion money out to "other people", commonly referred to as "shareholders," then those shareholders, themselves people, also have to pay taxes on that income. Mind you though, the 0%/15% taxation rate on qualified dividends makes that a far less taxed stream of income than actually working for oneself... but it is nevertheless an income stream that will, potentially, be subject to taxation.

If corporations (c-corporations, technically) really found the taxation system that they are subjected to onerous, however, you can bet that they would revise their charters, liquify themselves, and re-incorporate as pass-thru entities like s-corporations, or perhaps ginormous partnerships. The very fact that they don't do so, is itself proof that the specious argument of "corporate taxes" being a burden is simply argumentative spin.

Let the corporations commit "suicide"... and eliminate the ability of individuals to hide behind the corporate "apron strings" while behaving badly (or even criminally)... and in exchange I'm sure we can do away with "corporate taxes".