FoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 2 days agoBernie Sanders proposes bill to give the public a 50% stake in AI companiesmashable.comexternal-linkmessage-square28linkfedilinkarrow-up1191arrow-down13file-textcross-posted to: [email protected][email protected]
arrow-up1188arrow-down1external-linkBernie Sanders proposes bill to give the public a 50% stake in AI companiesmashable.comFoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 2 days agomessage-square28linkfedilinkfile-textcross-posted to: [email protected][email protected]
minus-squareTropicalDingdong@lemmy.worldlinkfedilinkarrow-up16·2 days agoHow about we just tax their profits at 50%?
minus-squarein_my_honest_opinion@piefed.sociallinkfedilinkEnglisharrow-up24·2 days ago100% there are no profits, they produce nothing.
minus-squaredylanmorgan@slrpnk.netlinkfedilinkarrow-up11·2 days agoAgree. Tax their revenues, and mark any infusions of cash as revenue.
minus-squareClassStruggle@lemmy.mllinkfedilinkEnglisharrow-up7·2 days agoHow about we simply get rid of billionaires?
minus-squareZoteTheMighty@lemmy.ziplinkfedilinkarrow-up3·2 days agoCompanies will always spend away profits to a neg zero. A company doesn’t care if it’s rich. A profit tax will just evaporate into random R&D projects they spun up in the final quarter.
minus-squareLodespawn@aussie.zonelinkfedilinkEnglisharrow-up3·2 days agoTax their revenue, they aren’t making profits
minus-squareSippyCup@lemmy.worldlinkfedilinkarrow-up1arrow-down1·2 days agoTax them at 1000% it won’t make a difference. The tax is applied to net, not gross profits. And wouldn’t you know it? No business ever makes any money.
How about we just tax their profits at 50%?
100% there are no profits, they produce nothing.
Agree. Tax their revenues, and mark any infusions of cash as revenue.
How about we simply get rid of billionaires?
Companies will always spend away profits to a neg zero. A company doesn’t care if it’s rich. A profit tax will just evaporate into random R&D projects they spun up in the final quarter.
Tax their revenue, they aren’t making profits
Tax them at 1000% it won’t make a difference.
The tax is applied to net, not gross profits. And wouldn’t you know it? No business ever makes any money.