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> In this world you don’t need 1,000 true fans to make a living; you need 1,786 — 536 fans to pay Apple, 253 fans to pay Twitter, and only then the 1,000 that m
by jbverschoor 5y ago
> In this world you don’t need 1,000 true fans to make a living; you need 1,786 — 536 fans to pay Apple, 253 fans to pay Twitter, and only then the 1,000 that make it possible to create something new. It is inevitable that some number of businesses never get started, because of this deadweight loss.
So when is Epic going to sue the federal and state tax organizations? They're taking in some case up to 50% (VAT + corporate tax)
- smoldesu 5y agoGovernments can't feasibly sustain themselves without taxation. Apple already drives industry-leading profit margins on their hardware side, so nobody's really fooled when the largest company in the world complains about how hard it is to turn a buck.
- kbelder 5y agoThe correct takeaway is that, without the government, you'd need about 500 fans.