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We should value companies not by earnings but by tax contributions.
by SixSigma 11y ago
We should value companies not by earnings but by tax contributions.
- seanmcdirmid 11y agoYou are personally welcome to value publicly traded companies by their tax contributions and not by their profits. You might be a bit burned, however, when you go to trade your stocks with other people that do not share your values. And that's capitalism.
- detaro 11y agoHm.... cap dividends relative to tax payments?
- tobltobs 11y agoOr just tax dividends with a not neglect-able rate.
- xixi77 11y agoHmm, what kind of a mechanism do you have in mind for this? :)
- SixSigma 11y agoIn the EU VAT returns (Sales tax) are made monthly so we could have a monthly index of those. Employee wages are taxed weekly / monthly both income tax and national insurance (which are used for social welfare etc.) and employers contribute to national insurance - these could be reported. We give companies limited debt liability in exchange for the social good they perform through their activities, a concept introduced in the 19thC. It is announced daily on the news the value of the stock exchanges, I don't think it is entirely crazy to do the same for contributions to the society that bears the cost of default.