News for hackers. Stuff that matters.

A comment on Biggest companies pay the least tax, shows new research. Parent comment

Re:Biggest companies pay the least tax, shows new research by nouveaux on Sunday April 05, 2020 @03:01PM (#22787632)
"Companies should be able to retain profits to either reinvest in their business or to save for a downturn."

Sure except profits end up as dividends or stock buy back. Companies end up with limited cash and will still need a bail out.

[ Parent | on HN ]
Re:Biggest companies pay the least tax, shows new research by nightski on Sunday April 05, 2020 @03:09PM (#22787705)
Sure, if you eliminate corporate income taxes you'd need to increase capital gains taxes as well. But I am having a hard time seeing the disadvantage of that (although I'm not an expert by any means).
[ Parent | on HN ]