Five to [email protected]English • 2 months agoWhere do Canada’s soaring corporate profits go? Not ‘back into the country’breachmedia.caexternal-linkmessage-square6fedilinkarrow-up179arrow-down10cross-posted to: [email protected]
arrow-up179arrow-down1external-linkWhere do Canada’s soaring corporate profits go? Not ‘back into the country’breachmedia.caFive to [email protected]English • 2 months agomessage-square6fedilinkcross-posted to: [email protected]
minus-squareAvid Amoebalinkfedilink9•edit-22 months agoWant the profits to stay in the country? Get these workers higher portion of those profits. A perhaps even better way of corporate profit taxation. Not always applicable when the corpo doesn’t employ domestic workers of course.
minus-square@[email protected]linkfedilink6•2 months agoTaxation is a valid way to do that. It forces business owners to reinvest in their business lest they lose those profits to taxes. Part of that reinvestment is wages and headcount.
minus-squareAvid Amoebalinkfedilink3•2 months agoOf course it’s valid. I’m just thinking about it from the point of view of evasion and regulatory capture.
Want the profits to stay in the country? Get these workers higher portion of those profits. A perhaps even better way of corporate profit taxation. Not always applicable when the corpo doesn’t employ domestic workers of course.
Taxation is a valid way to do that.
It forces business owners to reinvest in their business lest they lose those profits to taxes. Part of that reinvestment is wages and headcount.
Of course it’s valid. I’m just thinking about it from the point of view of evasion and regulatory capture.