Re:How Californians Are Weaponizing Environmental Law to Eli...
by marcosdumay on Wednesday March 08, 2023 @12:28PM
(#35071968)
> on things other than profits
Well, profits or VAT. Even more if you make some actually sane VAT that discounts all VAT paying expenses and all labor expenses.
I'm not sure any VAT on the world fits that description, but it is the one way to make them work as well as profit taxes, but as easy to tax as any other VAT.
Supermarkets are, generally, ground zero for problems with corporate taxes on things other than profits. They're extremely low-margin, so proposed revenue and transaction taxes would generally just increase prices of everything in the supermarket by whatever the tax is.
(That's just one problem, of course, but it's a very obvious one.)