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At least in Google's and Amazon's case, I'm sure you can add an additional 10% tax on profits without making a dent on the company's competitiveness. They are b
by damian2000 14y ago
At least in Google's and Amazon's case, I'm sure you can add an additional 10% tax on profits without making a dent on the company's competitiveness. They are both extremely profitable businesses, in dominant market positions.
- easytiger 14y ago> They are both extremely profitable businesses, in dominant market positions Amazon are not profitable as far as I read their sheet.
- smackfu 14y agoAmazon seems to choose to be unprofitable so they can keep up their revenue growth. If they cut the unprofitable new sectors, they would b profitable, but why bother? Wall Sreeet doesn't care.