re: #227 EPR-radar
If a corporation is a legal entity not subject to tax, then its income must be attributed to individuals somehow or another in order to be taxed.
Right. It has to get paid out. For someone to actually be a rich bastard, it has to leave the corporation.
his doesn’t seem likely to actually simplify matters very much —- what set of rules for this attribution could handle a fortune 500 company, a normal small business corporation, and Joe Billionaire’s private tax avoidance vehicle?
I’m not following you. Money can leave the corporation in a number of ways. All of them are taxable.