I am not sure that the capital would not be allocated differently.

Whether or not we have a google, we will have advertising, perhaps at more competitive rates with more competition. Monopolistic Megatech v. No Tech is a false choice.

On a straight revenue side, corporate tax, in total, accounts for about 10%. Granted there is additional income paid through salaries because of these giants, but the I doubt with reallocation it is profound as you are claiming.

▲

hn_submit 7 hours ago | parent [-]

The keyword here is "profitability." These companies are hyper-profitable and have a near monopoly in their line of business. Just having companies that barely eek out a living isn't sufficient.

	▲	rileymat2 4 hours ago \| parent [-]
		In a capitalist environment, profit approaching 0 through competition is more ideal than monopolists naming their price. Think of it this way, Google is Basically ad tech, each dollar they don’t make does back to the primary company buying ads.