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> taxed like other property. Most property owned by companies is not taxed.
by kgwgk 6y ago
> taxed like other property.
Most property owned by companies is not taxed.
- deleted 6y ago[deleted]
- patmorgan23 6y agoActually physical property is at least in my state both physical plant and inventory are taxed.
- kgwgk 6y agoInteresting, I was not aware of those taxes. https://taxfoundation.org/does-your-state-tax-business-inventory/ https://taxfoundation.org/does-your-state-tax-business-inven...
- mcny 6y agoNice introduction. Thank you. I think taxes are very difficult. Personally, I think when Google or Facebook places an ad on its own (public) platform, they should have to pay a tax similar to a sales tax as they have sold themselves. Probably shouldn’t apply to the ads on google.com homepage as they don’t sell those as far as I understand. The article mentions neutrality in taxes which is either silly or disingenuous though. Our tax code is not neutral. We openly use tax code as a way to motivate public behavior. Ad space as inventory would be an interesting concept. It is tricky though. What is the value of something before it is sold? What is a fair tax rate? How often does this inventory adjust as you have more or fewer users? Messy.