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Dmage22 t1_iwdy6gr wrote

Even if they adjust price to maintain profits, taxing their revenue actually generate income for the government to spend on things. They can do shady tax avoidance to pay 0% tax if we only tax profit.

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Alienteacher t1_iwe2vuk wrote

How can you establish an effective tax on revenue when business expenses vary so widely? And if a business increases it's expenses through nonsense like 'consulting fees' it will artificially increase their expenses

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