Post #226015
2026-02-03 02:30 UTC
Y’all know earnings on corporations are taxed twice, right? Sole proprietorships - taxed once, partnerships - taxed once.
I mean, I'm all for it, fuck corps, they are a funnel for profits at the expense of everything else in society, but let’s put the hate where deserved, like the fact that the government treats them as a fucking (morally bankrupt) limited liability person, rather than just pointing out some voodoo economics financial accounting trick that probably won’t ever change so long as the rules allow them to exist.
Replies (3)
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@NotASharkInAManSuit@lemmy.world 2026-02-03 06:17
They _should_ be taxed twice, and we could surely say they are, but _being_ taxed and actually _paying_ taxes are two very different things in the U.S. tax setup.
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@Bronzebeard@lemmy.zip 2026-02-03 18:07
No they're not. Most file as Pass Through Entities.
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@OshagHennessey@lemmy.world 2026-02-03 15:52
Then tax them four times.