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Let's End this Nightmare: The Corporate Income Tax

April 15, 2013, 12:00 AM
Income_tax_evasion_sends_wesley_snipes_to_jail

Tax day is no one's favorite day. But perhaps we can take this opportunity to examine how we can reform one of the most complex tax systems in the world. Big Think chief Economist Daniel Altman has a suggestion to end this long national nightmare: get rid of the corporate income tax.  

As Altman points out, "economists to this day don't know who pays it...And that means that we really don't know who's bearing the burden."

In the video below, Altman argues for abolishing this "extremely volatile" tax.  

Watch here:

Image courtesy of Shutterstock.

More from the Big Idea for Monday, April 15 2013

Smart Government

The United States has one of the most complex tax systems in the world. Call it a nightmare. In today's lesson, Big Think Chief Economist Daniel Altman calls it exactly that. Altman has his sights... Read More…

 

Let's End this Nightmare: T...

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