FoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 1 month agoBernie Sanders proposes bill to give the public a 50% stake in AI companiesmashable.comexternal-linkmessage-square31linkfedilinkarrow-up11arrow-down10file-textcross-posted to: technology@lemmy.world
arrow-up11arrow-down1external-linkBernie Sanders proposes bill to give the public a 50% stake in AI companiesmashable.comFoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 1 month agomessage-square31linkfedilinkfile-textcross-posted to: technology@lemmy.world
minus-squareTropicalDingdong@lemmy.worldlinkfedilinkarrow-up0·1 month agoHow about we just tax their profits at 50%?
minus-squarein_my_honest_opinion@piefed.sociallinkfedilinkEnglisharrow-up0·1 month ago100% there are no profits, they produce nothing.
minus-squaredylanmorgan@slrpnk.netlinkfedilinkarrow-up0·1 month agoAgree. Tax their revenues, and mark any infusions of cash as revenue.
minus-squareClassStruggle@lemmy.mllinkfedilinkEnglisharrow-up0·1 month agoHow about we simply get rid of billionaires?
minus-squareZoteTheMighty@lemmy.ziplinkfedilinkarrow-up0·1 month 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-squareSippyCup@lemmy.worldlinkfedilinkarrow-up0·1 month 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.
minus-squareLodespawn@aussie.zonelinkfedilinkEnglisharrow-up0·1 month agoTax their revenue, they aren’t making profits
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 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.
Tax their revenue, they aren’t making profits