Re:Jeff Bezos comes out in support of increased corporate taxes
by sokoloff on Wednesday April 07, 2021 @07:49AM
(#26723463)
Grocery chains that were more vertically integrated would handily outcompete independent grocers who had more intermediate steps in their supply chain, each of which was taxed on their B2B revenue.
Whole Foods could conceivably become the equivalent of a discount grocery by virtue of such integration, after Amazon bought up farms and distribution channels.
Re:Jeff Bezos comes out in support of increased corporate taxes
by bzbarsky on Wednesday April 07, 2021 @10:24AM
(#26725394)
This is also why a VAT is theoretically better than a sales tax, in my opinion: it removes the incentive to vertically integrate to avoid the transaction tax....
Re:Jeff Bezos comes out in support of increased corporate taxes
by lotsofpulp on Wednesday April 07, 2021 @07:57AM
(#26723544)
That’s a good point I had not considered.
If the issue is it affecting poorer people adversely, then that should be addressed by making them less poor, e.g. the government giving them money.