Stan Collender does a pretty good job of making a strong case for abolishing the corporate income tax by identifying the powerful groups (and some not) who would oppose such an action:
- Large companies that don’t pay any income taxes
- Accountants, tax lawyers, and people who work in big company tax departments (in the thousands or tens of thousands)
- Lobbyists
- The IRS
- People who teach tax courses
- Congressmen, candidates, and political party committees who receive contributions from people seeking changes in the tax code
Well, he’s convinced me. Read the whole thing.
