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Simple. Revenue. Tax a company's revenue progressively. (Of course it's complicated to implement this with companies owning companies, but you get the gist.)
by choeger 4y ago
Simple. Revenue. Tax a company's revenue progressively. (Of course it's complicated to implement this with companies owning companies, but you get the gist.)
- deleted 4y ago[deleted]
- alberth 4y agoIn the US at least, corporate taxes are progressive. Taxes are on earnings though, not revenues (you could be unprofitable and as such, pay no taxes). Question: so are you suggesting then that just because a company's revenues (I think you mean "earnings") have exceeded X, that they should be completely broken up as a company?
- choeger 4y ago> so are you suggesting then that just because a company's revenues (I think you mean "earnings") have exceeded X, that they should be completely broken up as a company? Yes. But I meant revenues. If we want companies to become smaller, taxing their revenue progressively would compell their owners to split them up into independent entities. Think about it as a progressive VAT.