4 ms·
You haven't really answered the question: > For example, I'd love to see a progressive tax rate for corporations: companies' tax rates would be based on total
by antisthenes 10y ago
You haven't really answered the question:
> For example, I'd love to see a progressive tax rate for corporations: companies' tax rates would be based on total revenue or profits. ex. If your company earns less than $50k/year, no taxes, 10% tax rate up to 250k, 20% up to $1M, 40% up to 10M, 50% on earnings over $10M.
What sort of politicians would actually push this through Congress? What stops it from being repealed with the next cycle? Without a culture of socialism and understanding that corporate/owner and individual interests are not incentive compatible, none of this would work.