Re:Alphabet Q1 2018 Earnings [pdf]
by bearjaws on Monday April 23, 2018 @05:38PM
(#16907681)
It simply doesn't work that way, maybe for a small business they reinvest all or most of their earnings (Amazon being the exception).
For someone like Apple or Google, they have made it very clear their policy is to hoard as much money as possible (and as much of it offshore as possible too). This is a main reason why a corporation SHOULD be taxed, you only get taxed on PROFIT as a corporation. If a company was truly increasing their "productivity" and "output" they would have much less profit quarter over quarter.
As far as the government being owned by corporations, that already happens because we allow them to directly fund politicians. With or without taxes.
For someone like Apple or Google, they have made it very clear their policy is to hoard as much money as possible (and as much of it offshore as possible too). This is a main reason why a corporation SHOULD be taxed, you only get taxed on PROFIT as a corporation. If a company was truly increasing their "productivity" and "output" they would have much less profit quarter over quarter.
As far as the government being owned by corporations, that already happens because we allow them to directly fund politicians. With or without taxes.