1, 2, 3, 5, 8 also apply to normal people so why not get rid of income tax? The ... | Hacker News

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		antihero on June 5, 2021 \| parent \| context \| favorite \| on: G7: Rich nations back deal to tax multinationals 1, 2, 3, 5, 8 also apply to normal people so why not get rid of income tax? The point of tax is for the government to gain money to spend on public services and what not, what you’re suggesting keeps money private.

ghiculescu on June 5, 2021 | [–]

No OP is suggesting that money get to the government via income tax. As opposed to the extra layer of complexity company tax adds.

There isn’t a clear equivalent where if you ditched income tax some other tax would make up for it.

golergka on June 5, 2021 | [–]

Yes, that's also a very good follow-up idea to the OP's point.

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