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Is that revenue, or profit? If revenue, it'll slam certain kinds of high-volume low-profit businesses, and if it's profit then the company will just arrange to
by Terr_ 1y ago
Is that revenue, or profit? If revenue, it'll slam certain kinds of high-volume low-profit businesses, and if it's profit then the company will just arrange to have big compensation "expenses" for executives.
The latter would have to be backstopped by taxes on individual income.
- octoberfranklin 1y agoThe sane version of this proposal omits the "exponential" part, applies to profits (net income), and makes the tax rate industry-specific (just like Washington State's revenue tax).
- Hikikomori 1y agoSet limits so the top cant earn more than x times the lowest paid in the company then.
- steve_b 1y agoCompanies would then outsource their low-paying jobs to other companies.
- esseph 1y agoThey already do
- Hikikomori 1y agoSo make that count then.
- silon42 1y agorevenue, obviously, but maybe it would scale with employee numbers... if you have lots of employees, you get taxed less.
- deleted 1y ago[deleted]
- thfuran 1y agoSo the policy goal is to minimize revenue per employee?