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If it were to be implemented, I think we’d want that money to largely come from increased taxes on corporations that have seen increased profits resulting from
by bandyaboot 4y ago
If it were to be implemented, I think we’d want that money to largely come from increased taxes on corporations that have seen increased profits resulting from factors such as automation and offshoring.
- astrange 4y agoDo those profits actually exist in real (inflation-adjusted) terms and not nominal ones? Europe uses a VAT for this. You probably want that, because it’s the most effective tax at raising revenue, although compliance is a pain and Americans would hate it.