According to Milton Friedman, an executive imposes taxes on shareholders when:

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According to Milton Friedman, an executive imposes taxes on shareholders when he or she uses corporate funds for social causes. This is because the executive is essentially taking money that would have gone to shareholders and using it for a cause that they may not have chosen to support. This is seen as a form of taxation because the executive is essentially taking money from shareholders without their consent. Failing to take available deductions or paying dividends would not be considered imposing taxes on shareholders.

According to Milton Friedman, an Executive Imposes Taxes on Shareholders