3 ms·
Not the best example, but tax code. Rather than a flat % tax that all corporate entities must adhere to, there are thousands of pages of tax code, with hundreds
by hliyan 5y ago
Not the best example, but tax code. Rather than a flat % tax that all corporate entities must adhere to, there are thousands of pages of tax code, with hundreds of ways to 'optimize' hidden within them. A corporation would consider itself to be 'not doing the best it can', if it doesn't utilize (one may also read that as "exploit") those optimizations ("loopholes") while its competitors are doing so.
- sundaeofshock 5y agoMost of those loopholes were created by lobbyists to expressly benefit their corporate masters. Corporations are active participants in the creation of the regulatory state. They are not victims here.