3 ms·
Then do not tax income, tax revenue. If company makes, say $10B in the US in sales, they should be required to pay at least 1% of that, i.e $100M in taxes. And
by mamon 8y ago
Then do not tax income, tax revenue. If company makes, say $10B in the US in sales, they should be required to pay at least 1% of that, i.e $100M in taxes. And before anyone starts complaining that some companies have very thin profit margins: if your profit margin is close to or less than 1% then your business model is unsustainable in the long run anyway.