> Taxing on revenue rather than profit feels wrong. If you run a loss you're still on the hook for taxes? That doesn't make sense to me. It does not make sense

> Taxing on revenue rather than profit feels wrong. If you run a loss you're still on the hook for taxes? That doesn't make sense to me. It does not make sense. For example I too would like to pay taxes only for what's left from my salary after paying my rent, my food, my clothes, all the books I read, entertainment I consume, etc.. Basically only for my 'profits' after I reinvest everything back so I would only pay taxes for my savings account [1] (which will probably be 0 as that money would be invested somehow). It does not make sense! [1] https://itep.org/amazon-inc-paid-zero-in-federal-taxes-in-2017-gets-789-million-windfall-from-new-tax-law/ https://itep.org/amazon-inc-paid-zero-in-federal-taxes-in-20...