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To me taxing revenue rather than profits seems like a better idea more and more now. Instead of taxing profits which makes it easy to do accounting tricks and e
by daemin 7y ago
To me taxing revenue rather than profits seems like a better idea more and more now. Instead of taxing profits which makes it easy to do accounting tricks and export IP to other countries, a revenue tax would be applied wherever a company takes money in a given country.
It doesn't have to be high, maybe 1% or even less. It will drastically increase government revenue from company taxation and it would be much easier to administer.