Re:Why does every company now want to be a platform?
by qeternity on Tuesday September 28, 2021 @03:11AM
(#28680121)
No, again, this is not economic rents. Income !== wealth. And just because they pay no taxes in Europe doesn’t mean there is no net wealth creation, even in Europe.
Just because rent seeking behavior can result in lost government revenue doesn’t mean that any loss of government revenue is rent seeking behavior. Tax evasion is not rent seeking.
But again, we are so far off the mark of what an actual economic rent is. It’s a topic that requires reading beyond a wiki article, and please stop trying to just find language that supports your existing, misinformed conclusion.
Just because rent seeking behavior can result in lost government revenue doesn’t mean that any loss of government revenue is rent seeking behavior. Tax evasion is not rent seeking.
But again, we are so far off the mark of what an actual economic rent is. It’s a topic that requires reading beyond a wiki article, and please stop trying to just find language that supports your existing, misinformed conclusion.