Corporations are terrible for many reasons. - They have a monopolostic unfair advantage over some market which means that they can be very innefficient and sti

Corporations are terrible for many reasons. - They have a monopolostic unfair advantage over some market which means that they can be very innefficient and still survive. They hinder real innovation. - As stated in the article, they often pay little to no tax because of their accounting practices; they get all the legal benefits of being treated as an independent entity under the law but none of the costs. - They are constantly lobbying politicians to change the laws to benefit them at the expense of tax payers. - As a consequence of being well promoted on various stock markets, corporations tend to get a lot of easy money from investors; these investors include large 401k and superanuation funds which invest money into stocks without the knowledge of the regular working people whose salaries are paying for it. A lot of the new money which the Fed creates goes straight to corporations because of this. - Corporations are also bad because they hurt free speech and they have the power to manipulate the elections by coercing their employees. The people who control corporations think in black and white and simplistic terms. They think they have all the answers to our socioeconomic problems. They don't understand that they are the problem. They don't understand that fairness is very difficult to achieve and that huge centralized power concentrated in the hands of a tiny number of financially incentivised decision makers opens up massive cracks (blind spots) in the system for the majority of people to fall through. IMO, you cannot tax them enough. This is a great bold move by the French government. It's great to see a country in which democracy still works for the people.