TAXATION? Do what is “True” and then adjust taxation levels accordingly. What’s

https://www.brookings.edu/opinions/eliminating-corporate-double-taxation/DOUBLE TAXATION?

Do what is “True” and then adjust taxation levels accordingly.

What’s ‘true’ is to eliminate corporate tax on all income distributed as dividends, and preserve or adjust personal income taxes.

Will this require consequent adjustments? Yes. But they will simplify the tax code, and cause less bad behavior.