• Zementid@feddit.nl
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    1 day ago

    Nah Bro, it’s biased against poor and pro rich. Taxes on income are nothing the company pays, it’s paid by the employees.

    Taxes on profits and gains are circumvented by “declaring necessary investments” to set the net profit to 0.

    I know there are cases where this is legit, but I doubt, Amazon and others just steal.

    • Wanderer@lemm.ee
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      1 day ago

      From an economic perspective it’s largely the same.

      Research and development is important for long term growth that’s why governments do their best to financially encourage it.

      But this is Lemmy. Might as well be talking to a spam sandwich when it comes to economics.

      • Zementid@feddit.nl
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        9 hours ago

        Well a Billionaires Super-Yavht technically generates Jobs, is good for the economy and so on… still it’s a waste of resources.

        If companies would actually “invest” in RnD as much as you imply, we would be at a vastly different technological state. Capitalism is like, infinite Solar energy? Nah, let’s distribute fake news and manipulate the voters. (Staring in the 70s)

        Yeah nah, I think we will never discuss on one level.