> Revenue, not profit, is your income. If this was implemented, it would destroy almost all companies. Grocery store net profit margins are 2-4%, if they sell

> Revenue, not profit, is your income. If this was implemented, it would destroy almost all companies. Grocery store net profit margins are 2-4%, if they sell $1B and make $40M and you tax them on 25% of $1B, their loss for the year would be $210M. Apple and NVidia might survive, but any company with profit margins less than 25% or so would lose money simply by operating. Liquidating everything or selling the business outright is the only move if you lose money by operating your business, only everyone else is trying to liquidate their assets since operating a business is guaranteed to lose money so there are no buyers.