Re:How to have a billion dollar exit with zero capital gains...
by roenxi on Tuesday May 10, 2022 @07:04AM
(#31325637)
I don't think anyone has done the legwork to link "your taxes" and a moral aspect. There are a lot of basic unresolved questions (if Jeff Bezos pays more in taxes than you earn in your lifetime, has he payed his fair share? Why/why not? Are the standards used to work that out some sort of objective moral or just a reflection of personal interest speaking? A suspicious number of moral justifications involve other people paying all the taxes & not the moraliser). And a company like Apple has had a bigger positive influence on my lifestyle than a large number of government agencies. Some of those agencies are trying to make my life worse as far as I reckon it.
If the law says some entity must pay X tax it is uncertain what it would mean, in practice, to claim "their taxes" were really Y, some other amount they aren't legally obliged to pay.
> The whole idea that you can make a billion dollar business without being hugely dependent on the infrastructure, education, history, societal background etc that has largely been paid for by...taxes...is utter fallacy.
A business is a hypothetical entity, a term for a system of organising people to do things. Things that are measurably in high demand. It is profoundly uncertain that diverting money out of those systems is a good idea. Observing that businesses rely on their context does not start or end the argument about how much tax they should pay.
If the law says some entity must pay X tax it is uncertain what it would mean, in practice, to claim "their taxes" were really Y, some other amount they aren't legally obliged to pay.
> The whole idea that you can make a billion dollar business without being hugely dependent on the infrastructure, education, history, societal background etc that has largely been paid for by...taxes...is utter fallacy.
A business is a hypothetical entity, a term for a system of organising people to do things. Things that are measurably in high demand. It is profoundly uncertain that diverting money out of those systems is a good idea. Observing that businesses rely on their context does not start or end the argument about how much tax they should pay.