> The corporate income tax rate could be zero for all I care
It could, but it shouldn't unless your goal is stagnation with a lower standard of living under the control of cartels and oligarchs - this is a consequence of the regulatory fundamentals that have been in place for quite some time.
You'd be amazed how much fiscal policy can fix, even in the current messy state of other regulations.
> You presuppose that it's an unalloyed good to tax someone more if they make more money. Why?
Not always and not at any level, it depends, the devil is in the details as usual.
> It could, but it shouldn't unless your goal is stagnation with a lower standard of living under the control of cartels and oligarchs
I'm seeing no evidence that how much a nation taxes corporations affects its standard of living or political systems one way or another[0]. Norway and Cuba collect similarly high amounts (as a percentage of total tax receipts); the US rubs shoulders the likes of Spain, France, and Finland, as well as Cabo Verde and Tunisia in its relatively low collections.
It could, but it shouldn't unless your goal is stagnation with a lower standard of living under the control of cartels and oligarchs - this is a consequence of the regulatory fundamentals that have been in place for quite some time.
You'd be amazed how much fiscal policy can fix, even in the current messy state of other regulations.
> You presuppose that it's an unalloyed good to tax someone more if they make more money. Why?
Not always and not at any level, it depends, the devil is in the details as usual.