3 ms·
This would benefit large and established companies with stable margins, while penalizing smaller businesses and startups. I don’t think this is the intended res
by nickff 4y ago
This would benefit large and established companies with stable margins, while penalizing smaller businesses and startups. I don’t think this is the intended result.
It also discourages long-term investments, and further rewards short-termism (which everyone seems to dislike).
- ClumsyPilot 4y agoyou can apply a rule only to companies with over 10 billion in revenue
- twoodfin 4y agoAnd now you have companies inefficiently splitting themselves up into <$10B chunks, and paying lawyers and accountants lots of dead-weight costs to ensure their degree of coordination (think “Amazon West Virginia Ltd.”) doesn’t cross some ill-defined legislative or judicial threshold.