How Corporate Taxes Work

Stuff You Should Know

iHeartPodcasts

Society & Culture

4.6 • 79.3K Ratings

🗓️ 29 April 2021

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

There are lots of reasons to tax corporations: as a check on their power, to help pay for infrastructure, as a wealth tax. But the biggest reason economists cite for why they've stuck around is that everyday people think companies should have to pay them too.

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Transcript

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0:00.0	There's so much news happening around the world that we're somehow supposed to stay on top of.
0:05.7	That's why we launched The Big Take.
0:08.3	It's a daily podcast from Bloomberg and I Heart Radio that turns down the volume a bit
0:14.0	to give you some space to think.
0:16.4	I'm Wes Kosova.
0:17.7	Each weekday I dig into one important story and talk about why it matters.
0:23.6	Listen to The Big Take on the I Heart Radio app Apple Podcasts or wherever you listen.
0:31.5	Welcome to Stuff You Should Know, a production of I Heart Radio.
0:41.3	Hey and welcome to the podcast.
0:43.0	I'm Josh Clark and there's Charles W. Chuckars Bryant over there looking magnificent and marvelous as always.
0:50.7	At least in my head.
0:53.7	Your vision Chuck.
0:55.1	Yeah, we're going to see each other next week.
0:57.2	I know how excited are you?
0:59.4	I am pretty on fire.
1:01.6	I'm excited too.
1:02.6	It's been well over a year.
1:05.8	I don't remember the last time we recorded together but it was definitely, I would say February.
1:12.2	Probably.
1:13.2	Of last of 2020?
1:14.4	Yeah.
1:15.2	You have nuts.
	...

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