Technically, corporations pay income tax equivalent to all of their employees' income tax (part of FICA), along with a corporate income tax. So, technically they pay the tax you pay and then some. That said, I'm firmly in the camp that Google and others should pay much more to encourage reinvestment of their profit instead of money hoarding like Google and other multi-billion-dollar corporations do.
jt121 t1_j7fx8co wrote
Reply to comment by no_buses in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Technically, corporations pay income tax equivalent to all of their employees' income tax (part of FICA), along with a corporate income tax. So, technically they pay the tax you pay and then some. That said, I'm firmly in the camp that Google and others should pay much more to encourage reinvestment of their profit instead of money hoarding like Google and other multi-billion-dollar corporations do.