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But one can argue that his biggest problem with a profit tax is that it disproportionately punishes “low volume, high margin” business models over “high volume,
by julbaxter 9y ago
But one can argue that his biggest problem with a profit tax is that it disproportionately punishes “low volume, high margin” business models over “high volume, low margin”.
- andruby 9y agoDoes it? Profit is what determines the value to shareholders (of mature steady companies). 10% profit tax is the same amount for comapnies with the same amount of profit.