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We need some way of computing that number. Different businesses have vastly different structures. Let’s take the flip side of your argument: is it unreasonable
by lvh 7y ago
We need some way of computing that number. Different businesses have vastly different structures. Let’s take the flip side of your argument: is it unreasonable for a labor intensive business with low profit margins (classic example is a grocer) to point out how much they contribute to the Treasury directly and indirectly through employment? Why is income tax special?
- reallydontask 7y agoIncome Tax is not special but it refers, by and large, to a tax on the profits of the company. In general, people get annoyed if a company is extremely successful and contributes little in the way of direct taxes. Companies like Amazon benefit massively from all the tax (infrastructure, education, etc ...) that is paid by other companies and by citizens, yet contribute little directly. Perhaps, it would be possible to list both separately rather than amalgamated together. A final point is that, to a greater or lesser extent, big companies must have employees but seemingly get to choose the level of taxation they pay.