No. You just tax the corporations based only on revenue and make the tax rate an exponential curve. Instantly too big to fail becomes too expensive to survive. Thus the businesses will naturally split into smaller companies.
No. You just tax the corporations based only on revenue and make the tax rate an exponential curve. Instantly too big to fail becomes too expensive to survive. Thus the businesses will naturally split into smaller companies.
privatepirate@lemmy.zip 2 weeks ago
Then the big companies will just operate under multiple names to commit tax evasion like they already do and pay off the politicians to let them.
bacon_pdp@lemmy.world 2 weeks ago
Well yes, but that is something that they can’t hide from their investors and that information is public and tax fraud is one crime governments will kill corporations for
phutatorius@lemmy.zip 2 weeks ago
So your reasoning is that it’s not enforced now, so it’ll never be enforced?
Okay, no point in bothering then, huh?
privatepirate@lemmy.zip 2 weeks ago
I’m saying that the big corporations have such a strong foothold that I personally don’t think we will ever be able to properly regulate them when they can pay off all of the politicians. I’m not trying to be a doomer, those are just my beliefs.