| ▲ | Nevermark 8 hours ago | |
There is being hospitable to startups, and there is being hospitable to massive corporate giants. Turns out there is a big difference in what “hospitable” actually means in these two cases. Although the tech giants don’t want people to think so. They work hard to keep up their “scrappy” underdog patinas. I am not for punishing any organization for being successful, or for being big. But actual neutral tax parity, for the middle class up, would be good. The rich have so many tax-not-neutral alternate ways to do the same thing, but with lower or no taxes, it is ridiculous. Progressive taxation isn’t effective for the most part. And when it is, the high disparity in application is its own kind of unfairness. But inescapable neutral tax treatment would remove so many high paying financial, legal and lobbying jobs. Who would subsidize political careers if we eliminated that work, and cut of those perverse incentives? Not a likely scenario. | ||