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A comment on Facebook Q3 2020. Parent comment

Re:Facebook Q3 2020 by granzymes on Thursday October 29, 2020 @06:15PM (#24936748)
Because you can better control the tax incidence.

https://www.milkenreview.org/articles/the-progressive-case-f...

https://www.theatlantic.com/business/archive/2010/10/why-we-...

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Re:Facebook Q3 2020 by MrPowers on Thursday October 29, 2020 @06:22PM (#24936812)
Yes, and the deadweight loss of taxation. Taxing income is economically inefficient (because huge resource investments are needed for compliance).

It's more efficient to tax land, gas, and soda. See Pigovian taxation for more details: https://en.wikipedia.org/wiki/Pigovian_tax

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Re:Facebook Q3 2020 by triceratops on Thursday October 29, 2020 @08:41PM (#24937889)
Why not both?
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