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> Companies can achieve great benefit by externalizing cost on society, but should they? Yes, indeed they should. But the government also needs to claim taxes

> Companies can achieve great benefit by externalizing cost on society, but should they? Yes, indeed they should. But the government also needs to claim taxes from companies to pay for these benefits. This concept is not even new, heck this is how most of Europe works.

mantas 6y ago
Last time I checked, USA did have corporate tax. Just like we got in Europe.
- pc86 6y ago
  Corporate income tax was just cut by 40% (from 35% to 21%). Almost 2.5% of the entire federal government's revenue.
  - mantas 6y ago
    So? It's not sky-high in Europe either. In my European country it's 15%, 5% for micro businesses.
nogabebop23 6y ago
The entire point of identifying an externalized cost is that it is not being paid for by the beneficiary. You can't both allow it and have them pay for it or it's no longer externalized.