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Why? If it were applied across the board, then every business would just treat it like any other business expense and price accordingly. On a theoretical zero
by rootusrootus 5y ago
Why? If it were applied across the board, then every business would just treat it like any other business expense and price accordingly. On a theoretical zero-margin business it would translate dollar-for-dollar right to the customer, yes?
- Aunche 5y agoThe problem is that you're incentivizing the creation of vertical monopolies. A small restaurant is forced to rely on suppliers who would pass the revenue tax onto the restaurant. Meanwhile, McDonald's can afford to buy their own suppliers. McDonald's suppliers would technically not make any revenue, so they get to pay less in tax.