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This would only be the case if the company didn't benefit society at large. These companies pay taxes, drive the economy and innovation, and help the USA be the
by Laaas 4y ago
This would only be the case if the company didn't benefit society at large. These companies pay taxes, drive the economy and innovation, and help the USA be the superpower it is.
Mostly privatize the profit and slightly socialize the costs.
- henriquez 4y agoTrickle up economics 101
- cscurmudgeon 4y agoThe US has been doing trickle 360 degrees economics. Up is also a direction.
- throwaway173738 4y agoI’m not sure I believe your assertion that the companies in question “pay taxes.” If you operate at a loss you get to deduct that loss. And there are lots of loopholes every company used to avoid paying their fair share. Unless you mean the employer share of the payroll taxes, which are paid on behalf of each employee and in my opinion don’t count. The fact is that it’s really important to do due diligence on any institution that you’re putting more than six figures into. I would expect any “sophisticated investor” to understand the risks to the degree that they would be able to make an informed decision.
- Laaas 4y agoWhy do payroll taxes not count? Employees are able to provide the value because there is an employer that enables them to.