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this people here don't understand how large USA is -- connecting every corner with copper/fiber, with all the intermediary networking devices means tax money..
by sysguest 7mo ago
this
people here don't understand how large USA is -- connecting every corner with copper/fiber, with all the intermediary networking devices means tax money...
- devin 7mo agoYes, it does mean tax money. Stop corporate welfare and bump the corporate tax rate back to a reasonable value.
- nradov 7mo agoA better option would be to eliminate corporate income tax entirely, and raise taxes on the highest income employees and investors to make the change revenue neutral. Corporations waste a lot of resources on financial engineering to minimize tax liability, and that's a pure deadweight loss for the economy as a whole.
- Tempest1981 7mo agoSavvy executives can also keep their income near 0 by borrowing against their stock holdings.
- nradov 7mo agoSo what. They pay interest on that loan, and those interest payments eventually flow to the employees and investors of the lender. Who can be taxed.
- hattmall 7mo agoYes, but we've already done it, twice, and the benefits were quite significant.
- heavyset_go 7mo agoWe paid $900 million in taxes to subsidize rural access to Starlink in one year lol We also paid $42 billion in taxes for ISPs to roll out broadband access in a 2021 bill, and it hasn't connected a single person to the internet Before that, we paid $400 billion to ISPs to do the same thing with the same results
- sysguest 7mo agowtf was this a upfront lump-sum money? well even if I was the ISP, I'd just take the money and make the job "take forever"