Five@slrpnk.net to CanadaPolitics@lemmy.caEnglish · 2 months agoWhere do Canada’s soaring corporate profits go? Not ‘back into the country’breachmedia.caexternal-linkmessage-square6fedilinkarrow-up11arrow-down10cross-posted to: [email protected]
arrow-up11arrow-down1external-linkWhere do Canada’s soaring corporate profits go? Not ‘back into the country’breachmedia.caFive@slrpnk.net to CanadaPolitics@lemmy.caEnglish · 2 months agomessage-square6fedilinkcross-posted to: [email protected]
minus-squareAvid Amoeba@lemmy.calinkfedilinkarrow-up0·2 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.
minus-squarepsvrh@lemmy.calinkfedilinkarrow-up0·2 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 Amoeba@lemmy.calinkfedilinkarrow-up0·2 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.
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.