I think, stompix, that in general we agree on economic policy and how taxes should be, but I will answer you with nuances.
I've never said zero taxes on everything, I said zero taxes on business.
It makes no sense to tax a business on its profit which is distributed to the investors, who are getting taxed on revenue anyhow.
Okay, we agree, but it has the sense that there are governments that do not stop spending and spending and apart from printing to finance it, as they know it causes inflation, the other thing they do is to raise taxes everywhere. I do not agree with how they act but that is the sense it makes. And besides, the example you give is not the only one.
So how does your money from being a CEO of Pfizer and a shareholder of Nestle end up in an LLC?
Not by first going through him and he has been taxed on it?
Here I see that I was correct that you were thinking more about CEOs of large companies that are not sole proprietorships than the other two examples I gave you.
Besides you're ignoring a part of my line:
cut any deductible expense that could be used by the employees as a backdoor, and set the tax to null.
Not deliberately ignoring, I wasn't seeing the whole picture, now I see it.
So what's the problem if I set up an LLC and that LLC buys 100 cars as long as it pays VAT and annual tax on it?
If I'm doing it with money that has been previously taxed as personal revenue, I don't see anything wrong.
I don't see anything wrong either but I don't know why, it seems to me that politicians are not going to pay much attention to you. Even those who are more pro-free market and low tax spend more than they should on political spending and end up printing like everyone else and sometimes if we are lucky with some small tax cuts.
This desire to tax the s** out of everything has lead to all this situation where you have thousands of rules and caps, limits, or requirements and despite that, you still have a thousand holes left where money is hemorrhaging out of the country. In the end, what's better, tax the shit out of the ones you catch and let trillions sit in some god-forsaken country or apply just one tax not one hundred, and let all that money pour back into the economy?
I agree.