FoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 2 months agoBernie Sanders proposes bill to give the public a 50% stake in AI companiesmashable.comexternal-linkmessage-square35linkfedilinkarrow-up1195arrow-down13file-text
arrow-up1192arrow-down1external-linkBernie Sanders proposes bill to give the public a 50% stake in AI companiesmashable.comFoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 2 months agomessage-square35linkfedilinkfile-text
minus-squareTropicalDingdong@lemmy.worldlinkfedilinkarrow-up16·2 months agoHow about we just tax their profits at 50%?
minus-squarein_my_honest_opinion@piefed.sociallinkfedilinkEnglisharrow-up25·2 months ago100% there are no profits, they produce nothing.
minus-squaredylanmorgan@slrpnk.netlinkfedilinkarrow-up11·2 months agoAgree. Tax their revenues, and mark any infusions of cash as revenue.
minus-squareClassStruggle@lemmy.mllinkfedilinkEnglisharrow-up7·2 months agoHow about we simply get rid of billionaires?
minus-squareZoteTheMighty@lemmy.ziplinkfedilinkarrow-up3·2 months 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 months agoTax their revenue, they aren’t making profits
minus-squareSippyCup@lemmy.worldlinkfedilinkarrow-up1arrow-down1·2 months 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.