In free market circles before the crisis, it was commonly argued that it would be better to \”pierce the corporate veil\”, tax shareholders and staff directly, and scrap corporation tax. This argument always ignored the huge benefits that corporates enjoy from social structures such as limited liability, but regardless of its merits this is now a cause for bow-tied bores. Politicians are belatedly catching up with the reality that the electorate regards companies as entities with a moral duty to pay tax.
So the liars have managed to hoodwink the public.
For whether the public thinks the corporation has a moral duty to pay tax or not, it\’s still the workers and the shareholders that actually pay it.