Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I don't know how a company could avoid all taxes. They say that Amazon does, but that's only the corporate income tax, surely they are paying billions in payroll, property, energy, and other taxes.


All the examples you gave are cost cutting targets that any competent manager will do their best (worst) to minimize, except properties. Those appreciate over time a lot more than taxes are worth.


Good Jobs First has tracked $11b in public subsidies to Amazon so far

https://goodjobsfirst.org/amazon-tracker/

You have to take that into account and look at the NET of what we've paid Amazon vs what they've paid us


Stop throwing subsidies. Easy fix without a wealth tax.

There are a plethora of taxes that companies pay, but a tax on existence is just awful in so many ways. Make zero dollars this year? You lose a percent of the company -- congrats.

There is a middle ground: Make using the securities of the company as collateral a taxable event. If it's good enough to back a loan, it's wealth, realized.


Property is an easy one:

Don’t tax us and we’ll bring jobs to your area.


Except it turns out they don't really do that in the long run.


I mean yeah




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: