A progressive tax increases the per-dollar incentive to find a loophole as the amount of money increases.
Furthermore, by taxing different businesses at different rates it creates just the sort of loopholes that such avoidance takes advantage of. (I.e. a large business will try to find a way to count as two smaller businesses)
A progressive tax increases the per-dollar incentive to find a loophole as the amount of money increases.
Furthermore, by taxing different businesses at different rates it creates just the sort of loopholes that such avoidance takes advantage of. (I.e. a large business will try to find a way to count as two smaller businesses)