Re:Amazon is not going to make a bid for Electronic Arts – s...
by choeger on Friday August 26, 2022 @08:10AM
(#32606320)
Simple. Revenue. Tax a company's revenue progressively. (Of course it's complicated to implement this with companies owning companies, but you get the gist.)
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Re:Amazon is not going to make a bid for Electronic Arts – s...
by alberth on Friday August 26, 2022 @09:27AM
(#32607225)
In the US at least, corporate taxes are progressive.
Taxes are on earnings though, not revenues (you could be unprofitable and as such, pay no taxes).
Question: so are you suggesting then that just because a company's revenues (I think you mean "earnings") have exceeded X, that they should be completely broken up as a company?
Re:Amazon is not going to make a bid for Electronic Arts – s...
by choeger on Friday August 26, 2022 @03:50PM
(#32611966)
> so are you suggesting then that just because a company's revenues (I think you mean "earnings") have exceeded X, that they should be completely broken up as a company?
Yes. But I meant revenues. If we want companies to become smaller, taxing their revenue progressively would compell their owners to split them up into independent entities. Think about it as a progressive VAT.