The REAL world! Necessity!
Where, pray tell, do the funds come from to pay these taxes if NOT from sales reciepts?
I don't like the IRS either but I will never look stupid when arguing about the insane tax structure of this country.
Sales receipts generate ***revenues*** not income taxes. Income taxes come from taxable income, or in the case of corporations, ***profits***.
No profit --> no corporate income tax.
Sales receipts can be whatever they will be, but if there is no profit then...
Now go back and read this article. The idea came from where one country decided to give a tax ***credit*** to corporations who used it to raise wages.
That's a direct tax break to workers through their employers. It puts more money in the pockets of wage earners and it takes that same money out of the government revenue. That is a wonderful development and absolutely conservative in principle.