FoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 21 hours agoBernie Sanders proposes bill to give the public a 50% stake in AI companiesmashable.comexternal-linkmessage-square28fedilinkarrow-up1184arrow-down13file-text
arrow-up1181arrow-down1external-linkBernie Sanders proposes bill to give the public a 50% stake in AI companiesmashable.comFoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 21 hours agomessage-square28fedilinkfile-text
minus-squareTropicalDingdong@lemmy.worldlinkfedilinkarrow-up16·20 hours agoHow about we just tax their profits at 50%?
minus-squarein_my_honest_opinion@piefed.sociallinkfedilinkEnglisharrow-up24·20 hours ago100% there are no profits, they produce nothing.
minus-squaredylanmorgan@slrpnk.netlinkfedilinkarrow-up11·19 hours agoAgree. Tax their revenues, and mark any infusions of cash as revenue.
minus-squareZoteTheMighty@lemmy.ziplinkfedilinkarrow-up3·15 hours 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-squareClassStruggle@lemmy.mllinkfedilinkEnglisharrow-up7·20 hours agoHow about we simply get rid of billionaires?
minus-squareLodespawn@aussie.zonelinkfedilinkEnglisharrow-up3·17 hours agoTax their revenue, they aren’t making profits
minus-squareSippyCup@lemmy.worldlinkfedilinkarrow-up1arrow-down1·19 hours 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.
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.
How about we simply get rid of billionaires?
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.