Defence of Corporate Tax: Essential for Fairness, Revenue, and Efficiency
The corporate tax is defended in the article as important for various reasons, even though it may not be the best tax option. It helps make income tax fairer, raises revenue efficiently, prevents tax evasion, allows source countries to tax non-residents, makes corporations pay for government services they benefit from, collects revenue efficiently, and prevents economic disruptions. Critics have complaints about the corporate tax, but it serves important purposes in the current economic system.