In fact that’s the idea of the tax system: tax the people according to their capacity. Corporate taxes were introduced as a means to pay some money in advance in their joirney to tax the people.
That’s why in many countries the cascading of corporate tax plus dividends/savings tax is close to the marginal income tax rate of high income people.
In other words, the initial goal was to essentially tax people’s income but corporate tax was introduced as a measure to prevent some of the wealthier people from not paying any income tax at all.
That’s why in many countries the cascading of corporate tax plus dividends/savings tax is close to the marginal income tax rate of high income people.
In other words, the initial goal was to essentially tax people’s income but corporate tax was introduced as a measure to prevent some of the wealthier people from not paying any income tax at all.