Totally agreed. This is exactly why HN’s constant support for corporate tax avoidance confuses me. Most HNers live in high CoL countries, where corps do not pay their share of taxes. This leads to the same HNers paying more taxes to support their country. Truly hilarious!
I also wonder about the laffer curve, where sometimes higher taxes might lead to lower tax revenue and vice versa.
Corporations aren't magic money trees. It's like damming a river, you don't get magic free water and get to send water downstream too. Dams have lots of downsides in return for controlling flow.
* Higher taxes does not mean companies will attempt to output less revenue.
Why would companies work /less/? Do HNers work less or ask for lower salaries due to being in higher tax brackets?
I strongly recommend starting a company and trying to sell something if you truly want an answer to your question.
Corporations aren't also a zero sum game. More taxes could mean more profit. Make the whole pie bigger an all that.
I would love to live in a universe where higher taxes somehow magically gives more profit.