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We need a progressive tax on corporate revenue: billion dollar companies should be taxed a significantly higher rate than million dollar companies. (we current
by cwkoss 4y ago
We need a progressive tax on corporate revenue: billion dollar companies should be taxed a significantly higher rate than million dollar companies. (we currently have the opposite)
The power disparity between corporations and citizens is huge and growing. It should be expensive to be mega powerful, and trillion dollar companies should be paying huge taxes to incentivize them breaking up into smaller units: a vertically integrated trillion dollar company is enough of a monopoly to hurt the market even if there are other competitors. It's bad for society.