Reply #65: Then you are levying tax that isn't proportional to economic activity [View All]

[Oregone]

But rather proportional to ownership, right? A company like McDonalds that strains the infrastructure disproportionally should be taxed higher, right? If you only tax on the shareholder end, you completely neglect the actual size of economic activity and net gross that a company produces.

I mean, Id assume that since you abandon corporate tax, you would hit capital gains with some type of marginal rate. Well, then companies that sell stock to more people would be taxed less than one that produces the same profit, and has but a few owners. Then everyone would be asking, why the hell is that