Originally Posted By u/HumusSapien At 2025-04-15 02:37:32 PM | Source


  • galanthus@lemmy.world
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    9 days ago

    But they are not losing it anyway, since only a percentage of profits is taxed. They will still make more money if they pay less, just not as much as they would with lower taxes.

    Only if they can get in a lower tax braket, but even then, there are other, better ways to do it.

    If they need to be more competitive in terms of attracting labour, they will be more able to do this with lower taxes, because they would have a larger profit margin.

    • ExtantHuman@lemm.ee
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      9 days ago

      Low taxes always once tivizes taking profits. Higher taxes Incentivizes reinvestment. This is not a new understanding. Stop pushing the often debunked reaganonmic bullshit. It was never true, it never made any fucking sense. Just stop

      • galanthus@lemmy.world
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        9 days ago

        God, I can respect your socialist views, but you don’t have to agree with everything that supports the things you like.

        Thinking that if your company start making less money you will pay more to your workers is just delusional, there is no way around it. This is not Reagonomics, this is just reason.

        If you claim it is debunked, provide a source for your claim.

        I am not even saying we should lower taxes, just refuting your obviously false point that wages will be higher. It is baffling how uncritical you are of what you are saying.

        Companies will always try to pay as little as they reasonably can. But sure, live in your fairy tale world where you can just make up reasons why your political views are great.

        • Clent@lemmy.dbzer0.com
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          8 days ago

          How many companies do you run?

          I’m guessing zero because you have no idea how companies work their financials.

          Even a small business should be structured to minimize taxes in ever possible way.

          Companies are structured to minimize liabilities of which taxes is one of many.

          It’s the very reason companies hate unions, the contract is a series of liabilities.

          It’s the very reason companies dumped penions, liabilities.

          As soon the tax liability became a non-concern, they went after the now higher liabilities. Thoses things were payroll and benefits. Outsourcing and off shoring.