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Can't we stop this consolidation and keep the market competitive just by having a progressive corporate tax? Are there any arguments against such a tax?
by littletimmy 11y ago
Can't we stop this consolidation and keep the market competitive just by having a progressive corporate tax? Are there any arguments against such a tax?
- pvnick 11y ago>Can't we stop this consolidation Why? Mergers are not inherently bad, and there seems to be a knee-jerk reaction against them without supporting evidence. Not to say that evidence doesn't exist, but it should if a merger is to be blocked.
- golergka 11y agoIt seems that logic in the comments is quite simple: bad companies = evil. Not monopolies, just BigCo: the bigger, the badder. Which is pretty logical, because while economical benefits of such companies are spread thinly among shareholders as well as global economies, the bad stuff they cause is always personal. So, regardless of whether good outweighs the bad or not (and I won't pretend that I know answer to that), individuals will always see them as something evil.