Re:A few months ago, a complete stranger gave me $10k (2021)
by bandyaboot on Wednesday September 07, 2022 @04:02PM
(#32755952)
If it were to be implemented, I think we’d want that money to largely come from increased taxes on corporations that have seen increased profits resulting from factors such as automation and offshoring.
[ Parent
| on HN ]
Re:A few months ago, a complete stranger gave me $10k (2021)
by astrange on Wednesday September 07, 2022 @04:07PM
(#32756033)
Do those profits actually exist in real (inflation-adjusted) terms and not nominal ones?
Europe uses a VAT for this. You probably want that, because it’s the most effective tax at raising revenue, although compliance is a pain and Americans would hate it.