Re:Big tech companies have been at the cutting edge of corpo...
by buzzkillington on Wednesday December 18, 2019 @04:57PM
(#21829895)
>However, if they were forced to pay more taxes and therefore paid less to their employees/hired less... would us consumers really win?
Yes because it would reduce the economic power of corporations vs people.
The point of a tax system is only tangentially to provide goods and services. The main point is for it to stop the infinite accumulation of wealth at the hands of fewer and fewer people.
Capital tends to a gini coefficient of 1 when left to its own devices. Without the visible hand of government to stop that from happening the invisible hand of providence [0] reaches in and does it for us.
Yes because it would reduce the economic power of corporations vs people.
The point of a tax system is only tangentially to provide goods and services. The main point is for it to stop the infinite accumulation of wealth at the hands of fewer and fewer people.
Capital tends to a gini coefficient of 1 when left to its own devices. Without the visible hand of government to stop that from happening the invisible hand of providence [0] reaches in and does it for us.
[0] https://en.wikipedia.org/wiki/Wall_Street_bombing