tag:blogger.com,1999:blog-6685155377705481833.post4883014094108848598..comments2023-09-22T03:17:50.469-04:00Comments on Middle Class Political Economist: Ted Cruz's Tax Haven PastKenneth Thomashttp://www.blogger.com/profile/05747704671007690674noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6685155377705481833.post-48501319910386923172013-11-06T11:49:55.350-05:002013-11-06T11:49:55.350-05:00I think we should just eliminate the Corporate Inc...I think we should just eliminate the Corporate Income Tax altogether.<br /><br />The time and brainpower wasted on computing (and avoiding) that tax is astounding. Just tax the income when it gets to the individuals -- as dividends, capital gains, or pay.<br /><br />Then there would also be no excuse for different tax rates for different types of income.jackhttp://novatownhall.comnoreply@blogger.comtag:blogger.com,1999:blog-6685155377705481833.post-40395758954675715632013-11-05T20:07:14.131-05:002013-11-05T20:07:14.131-05:00"Tax haven," in this instance, meaning i..."Tax haven," in this instance, meaning if he brings the money back into the U.S., it gets taxed, so they set up a corporation to operate outside the U.S., so it doesn't get hit with corporate income taxes?jackhttp://novatownhall.comnoreply@blogger.com