simpleisnothing

14 ms·

1. 1.▲
   by simpleisnothing 14y ago

   The letter was written in response to this request for comments: http://www.whitehouse.gov/blog/2012/06/25/help-us-shape-our-... If you (like briandear) believe that including anti-tax arguments in a response would increase the efficacy
2. 2.▲
   by simpleisnothing 14y ago

   Yes, taxes are eventually paid. But they aren't harmful to the innovation process, rather they provide an incentive to innovate for as long as you can. The corp tax actually provides a net advantage to innovators over rent-collectors. It
3. 3.▲
   by simpleisnothing 14y ago

   Bullshit, and you know it. A business that can acquire customers with an LTV of $1,000 for a cost of $500 (read: a good, sustainable business) isn't going to just sit on $1,000,000 of profit. They're going to buy 2,000 customers. And then
4. 4.▲
   by simpleisnothing 14y ago

   Your first claims were obviously fraudulent. That said, even after moving the goalposts (and pretending you didn't make your initial claims), your argument is still false just slightly less obviously so. Corporate income tax always costs r
5. 5.▲
   by simpleisnothing 14y ago

   It's not even true. A thriving startup will be reinvesting in R&D and marketing expense, thus bringing profits back down to $0 (or lower if you've got investor funds). It's absolutely dishonest to pretend that corp income taxes matter t