Zerotan

Zerotan t1_iw9oq72 wrote

It's a fine principle, but not effective. You can't tax "profits" because they will find ways to move money around so that they have "zero profit", paying shell companies for consulting services, etc.

Further, taxing a corporation for their income, or taxing the consumer purchasing the good they sell is effectively the same; both cause the corporation to raise their price by the same amount and both cause money to be taken out of the transaction and sent to the government.

RIP cap and trade... https://www.cbc.ca/news/canada/toronto/ontario-officially-ends-cap-and-trade-1.4885872

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