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This is not regular "paying your fair share" taxes, it's intentionally punitive at 200%. Would you exist economically if your tax bill was 200%?
by a3n 9y ago
This is not regular "paying your fair share" taxes, it's intentionally punitive at 200%. Would you exist economically if your tax bill was 200%?
- Retric 9y agoI am not a company. As companies pay taxes on their profit after expenses a 40% or 80% tax rate only reduces but does not eliminate their profits. That said, they will probably be significantly better off to sell the company, but it's simply not required.