Re:Biggest companies pay the least tax, shows new research
by aantix on Monday April 06, 2020 @05:53PM
(#22798278)
>Being able to negotiate (or lobby, or coerce, or bribe -- pick your term) lower taxes does not justify lower taxes
Agree.
>Economies of scale create value when leveraged to, say, produce more goods with less effort, but they do not create value when they are leveraged in zero sum games against customers, workers, or society.
Both sides have to arrive at a value where it makes sense for them to move forward. Subjective value judgements have to occur.
>"Hey, I'm offering you your life in exchange for everything you own"
Sounds like a bad deal. Don't take it.
Economies of scale create value when leveraged to, say, produce more goods with less effort, but they do not create value when they are leveraged in zero sum games against customers, workers, or society.
> If there’s not a net gain, then don’t take the deal.
The thing about deals is that what happens between deals is always more important than the deal itself. Focusing on the value flow exclusively at the point of exchange is a terrible mistake. Otherwise highway robbery would be a value-creating activity: "Hey, I'm offering you your life in exchange for everything you own, that's a great deal! If you don't like the deal, don't take the deal!"