When I first discovered Umair I found his writing interesting. Now I see him fount of misinformation and stirrer up of trouble. If someone wants to be taxed as a corporation they can form a corporation. How can he compare a single worker with an organization of workers, which a corporation is? If you’re reading this and don’t get what I mean, it’s like saying,”Why does player ‘X’ on team ‘A’ have to work so hard while team ‘A’ doesn’t?” What does that mean for team ‘A’ to not work hard?
Personal taxes and corporate taxes are two completely different animals. When a corporation pays taxes it is actually paying money from its profits that could go to its workers or shareholders. Therefore, corporate taxes are only ANOTHER form of personal taxes, except paid by the worker’s company. That is, if you work for corporation ‘A’, you pay tax twice, as a person, and as your work income paid through the corporation.
As far as quality of life goes, it doesn’t matter who pays taxes, corporations or individuals. The money must come from somewhere and ultimately it comes from each individual worker, whether paid individually or paid through the corporation. Yes, one can argue that the managers of corporations are enriching themselves by using a corporate structure to reduce their individual tax exposure (through equity and options), but that has nothing to do with how much tax a corporation pays.
If Umair really cared about society he wouldn’t play this blame-game for the tax-illiterate. He’d focus on what taxes are being spent on. Taxes allow society to favor some forms of human production and behavior, and curtail others — as others have commented here. But no, he won’t follow the logic of his own argument, which would bring us back to a time when each person paid 1 ounce of silver for the government and army and no one worked together, through taxes, to make a better world.
I wish Umair would balance his writing with research. I wish he’d read at least one economic book that discussed the basics of how tax works in society.
