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A comment on Uber will charge significantly more per trip as new Seattle law goes into effect. Parent comment

Re:Uber will charge significantly more per trip as new Seatt... by scarface74 on Thursday December 31, 2020 @01:17AM (#25590092)
Private America shouldn’t be responsible for providing a livable wage. The government should be. Just tax private corporations enough to pay for it.
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Re:Uber will charge significantly more per trip as new Seatt... by rrrrrrrrrrrryan on Thursday December 31, 2020 @12:50PM (#25595014)
Some taxes are more expensive than others because they dampen more economic activity. Corporate income taxes are one of the worst.

To illustrate by example, if you were to directly tax investment activity $1 per trade, you'd kill almost exactly $1 of GDP. Nothing would be gained. Land value taxes and VATs, it turns out, are some of the best because they're inexpensive and largely non-distortionary, and personal income taxes are somewhere in between.

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