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> tax-dodge just as much as Google It isn't dodge. It's "cleverly follow the tax laws that are allowed". What are top 3 tax loopholes that could get closed? O
by MuffinFlavored 7y ago
> tax-dodge just as much as Google
It isn't dodge. It's "cleverly follow the tax laws that are allowed".
What are top 3 tax loopholes that could get closed? One on hand, it sounds like robbery for companies to not pay taxes. However, if they were forced to pay more taxes and therefore paid less to their employees/hired less... would us consumers really win?
- buzzkillington 7y ago>However, if they were forced to pay more taxes and therefore paid less to their employees/hired less... would us consumers really win? Yes because it would reduce the economic power of corporations vs people. The point of a tax system is only tangentially to provide goods and services. The main point is for it to stop the infinite accumulation of wealth at the hands of fewer and fewer people. Capital tends to a gini coefficient of 1 when left to its own devices. Without the visible hand of government to stop that from happening the invisible hand of providence [0] reaches in and does it for us. [0] https://en.wikipedia.org/wiki/Wall_Street_bombing https://en.wikipedia.org/wiki/Wall_Street_bombing
- bsanr2 7y ago>However, if they were forced to pay more taxes and therefore paid less to their employees/hired less... This isn't a given, and most companies would rather pay the taxes and see less profit, than sabotage their labor and fold even quicker. If it's a blanket policy, I imagine you'll see an initial market shock, and then things will go back to normal. And that's all the people in charge really care about. Pay won't change because it's a supply/demand issue, or so I'm told.