Talk:Corporate tax
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The issue of whether an income tax is a direct or an indirect tax is subject to scholarly dispute, especially in the U.S. where the distinction goes to the core of Federal powers. This should be at least addressed here. In particular, the Pollock v. Farmers' Loan & Trust Co. ruling is consistent with the finding that ordinary income (corporate or personal) is taxed as an excise, and not as a direct tax. Subsequent cases in the U.S. have opined obiter dicta that even the proscribed taxes (capital gains, dividends, interest, etc.) are properly considered excises. Robert A West 22:19, 22 Jun 2005 (UTC)
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- Dear readers: See the astute comments by Robert A West above. I deleted the reference to "direct tax." As Robert A West has noted, corporate income taxes are indeed (in the U.S. constitutional law sense) indirect taxes (excises). Yours, Famspear 03:29, 16 February 2007 (UTC)