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It is a problem in where that money is going and being spent on. If they are truly investing, no problem, but if they are "investing" into, for example, buying
by AngryData 5y ago
It is a problem in where that money is going and being spent on. If they are truly investing, no problem, but if they are "investing" into, for example, buying there own private islands to vacation on under the guise of business, lambos for company cars, or boosting stock prices they already own, they aren't helping or supporting the economy they are extracting wealth from. And it should be taxed just like if I personally bought an island or 50 pounds of gold jewellery or a supercar.
Just because a company buys and owns something doesn't automatically make it an investment that shouldn't be taxed as profit.
- chii 5y ago> buying there own private islands to vacation on under the guise of business, lambos for company cars well you'll be glad to know that these are not what's being spent on - because if they did, it'd be an open and shut case from the IRS. But > boosting stock prices they already own that is not considered investment, and i do not believe a company can avoid paying tax on profits used to perform this action.
- kortilla 5y ago> there own private islands to vacation on under the guise of business, lambos for company cars That’s not even a thing. We’re not living in an Austin Powers movie. > or boosting stock prices they already own Who is “they” in that sentence? Do you know how public traded companies work?