4 ms·
We subsidize a lot of things we may not realize Company decides to brick a popular product? Who picks up the landfill tab? Your electricity one is a good exam
by gxs 1y ago
We subsidize a lot of things we may not realize
Company decides to brick a popular product? Who picks up the landfill tab?
Your electricity one is a good example
Hell, even RTO - SF offered some pretty nice tax incentives for companies who enforced RTO to “revive” the city. Who pays for this? They did a great job keeping those on the DL
I only know because I happened be involved in those conversations on the periphery - it was no coincidence we started an RTO policy right as we got a huge, huge new office
- whimsicalism 1y agoit would be a subsidy to deliver power at below equilibrium price to residents simply because they are residents and not a corporate buyer. raising prices for consumers when demand comes from elsewhere is not a subsidy.
- monsieurbanana 1y agoGiven that the biggest companies never pay their fair share of taxes, it'll be more difficult to point out what we dont't subsidize.
- whimsicalism 1y agowhat is the fair share and why cannot it not just be paid on the individual side by capital gains on share holders or wage income for workers?
- carlob 1y ago> just be paid on the individual side by capital gains When you are rich enough you can just borrow using your wealth as collateral and never incur in capital gains.
- whimsicalism 1y agoagreed but imo this is orthogonal to corporate taxation and needs a mark2market solution, at minimum when an asset is used as collateral.
- charcircuit 1y agoYou will have had to pay taxes on the money you use to pay off the loan.
- whimsicalism 1y agonot if it is just another loan
- monsieurbanana 1y ago> what is the fair share Let's start by saying the amount they would pay if lobbying was what it was meant to be and not an overtly corrupt shitshow > why cannot it not just be paid on the individual side by capital gains on share holders or wage income for workers Ah right, the trickle down economics, forgot about that. I'm sure that will work out well
- whimsicalism 1y agomy comment is just a recognition that corporations are a polite fiction and all taxes are ultimately incident on individuals, the same as any economist would tell you. taxes on the rich should be higher, agreed.
- pkul 1y agoOne I'm particularly angry about is the deallocation of resources into keeping rail transport in favor of using trucks on nearly free highways.
- whimsicalism 1y agonot to mention the implicit subsidy in gas prices. the problem is these subsidies are popular with the electorate
- crote 1y agoWhat makes you believe highways are nearly free? Do all those people doing highway maintenance not get paid? Also, road wear scales with the fourth power of axle load. This means a 3-axle 30-tonne truck causes 15.000 times the wear of a 2-axle 2-tonne car. Even if highways are currently "nearly free" to maintain with a car-dominated traffic mix, moving all that rail transport into heavy trucks is going to rapidly make highway maintenance costs explode.
- acdha 1y agoI think they agreed with you and were commenting that the roads aren’t tolled to pay for construction or maintenance.