I have always wondered what the implications would be if a country decided to tax based on Revenue, say 5-15% of Revenue, rather than Profit. Yes, it means that

I have always wondered what the implications would be if a country decided to tax based on Revenue, say 5-15% of Revenue, rather than Profit. Yes, it means that companies that make a loss would still owe tax. But there will always be companies that end up in the red and eventually fail. Yes it will mean that some companies cannot expand as quickly, but the companies that are re-investing 100% of their profit into growth and expansion at the moment are effectively doing so with tax money that should be going to their government. If you look at app stores, etsy, amazon, etc. they all take a 5-30% cut of revenue before any costs and expenses are considered, and it seems to work for them.