Re:Profits are driving inflation. When will politicians and ...
by jmyeet on Tuesday June 27, 2023 @10:13AM
(#36493078)
This is capitalist propaganda.
Corporations will continue to exist as long as there's a profit to be made. If they have to pay 10% of those profits in taxes or 80% they're still making money and there's still a profit incentive.
The idea that a tax on profits will drive a company out of business belies a fundamental misunderstanding at best or deliberate deception at worst.
Corporations will continue to exist as long as there's a profit to be made. If they have to pay 10% of those profits in taxes or 80% they're still making money and there's still a profit incentive.
The idea that a tax on profits will drive a company out of business belies a fundamental misunderstanding at best or deliberate deception at worst.