Tax systems need to be fair, they need to avoid creating distortions that are negative. Taxing corporate income (revenue) is non-viable, taxing personal income is viable.
Figuring out what corporate income is is near impossible if it’s considered income after past and future investments because companies are constantly turning over money to make more. At some point, they get to declare a “profit”, but it’s a very artificial thing. Investment is already indirectly (all those Amazon R&D investment goes to pay SWEs), so it’s not like the government is losing out on revenue.
Since most people don’t employ people directly for personal tasks, it doesn’t make sense to do the same for personal income. Of course we are also just turning around money to increase the value of our lives, and in the end when would we ever declare a profit as well? We have no shareholders to return a dividend to anyways.
Figuring out what corporate income is is near impossible if it’s considered income after past and future investments because companies are constantly turning over money to make more. At some point, they get to declare a “profit”, but it’s a very artificial thing. Investment is already indirectly (all those Amazon R&D investment goes to pay SWEs), so it’s not like the government is losing out on revenue.
Since most people don’t employ people directly for personal tasks, it doesn’t make sense to do the same for personal income. Of course we are also just turning around money to increase the value of our lives, and in the end when would we ever declare a profit as well? We have no shareholders to return a dividend to anyways.