I agree about the "corporate tax creates work in tax avoidance", but if corporate taxes are abolished, wouldn't it drive more individuals to incorporate their own businesses?
The tax avoidance industry now shifts to servicing individuals, and again we find ourselves with inequality between individuals who can afford those services and those who cannot.
An alternative way to tax would be to simply raise interest rates, and discourage capital from not being deployed productively.
The tax avoidance industry now shifts to servicing individuals, and again we find ourselves with inequality between individuals who can afford those services and those who cannot.
An alternative way to tax would be to simply raise interest rates, and discourage capital from not being deployed productively.