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Suppose the corporate income tax were eliminated and corpora

Suppose the corporate income tax were eliminated and corporate income allocated to shareholders on a pro rata basis according to their proportion of outstanding stock. How would such a change in tax policy affect the excess burden and incidence of the tax, assuming that all forms of investment income are included in a comprehensive income tax base?

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If the corporate income tax were eliminated and corporate income was allocated to shareholders pro rata according to outstanding stock shares, it would not matter if the company paid the shareholders income in the form of regular compensation, compared to reinvesting the money back into the company for ...

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Suppose the corporate income tax were eliminated and corporate income allocated to shareholders on a pro rata basis according to their proportion of outstanding stock. How would such a change in tax policy affect the excess burden and incidence of the tax, assuming that all forms of investment income are included in a comprehensive income tax base?

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