The shareholders pay the taxes, but the corporate taxes are already collected before the share holders get their dividends So they’re taxes twice. Since all corporations are owned by individuals ie shareholders, then business taxes are just the government double dipping in the public trough
Hello s corp!
Yes, it is double taxation, but that is irrelevant as to who ultimately bears the taxes (or what % of the tax). But some of the tax is born by management, not just shareholders. Personally, I’d implement a 15% across the board tariff on imports and eliminate corporate tax.