Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I wound say the reaction when people don’t meet an observer’s understanding of “spirit” is where the hubris arises

And I explained that earlier: people want others to suffer as much as them. But it doesn't make any sense. The government isn't entitled to your productivity, assuming otherwise is where the hubris arises.

I mean look at the name of the regulation that was passed for using offshore entities: GILTI (“guilty”). And now it is ironically being used to nullify tax receipts. But the United States isnt entitled to be the recipient of all capital and productivity. No state is. It doesn't matter that they offer some semblance of stability and infrastructure, that doesnt justify any particular percentage. Their funding problem doesnt justify any particular percentage. Thats where the hubris becomes apparent.



> And I explained that earlier: people want others to suffer as much as them.

Or perhaps they want others to also contribute to the shared government services that they benefit from. I.e. the free rider problem that taxes address.


Free riders are now destroying useful goverment services. They really don't care about anything like that.


a) inability to define an amount of percent undermines that desire

b) the employees, traders, financial intermediaries, do contribute to the state coffers via taxes

c) velocity of money and asset movement within the economy accomplishes that

the corporation itself is just a conduit


Corporations aren't taking nearly as much money from the government as the people they employ and your employer pays half if your social security tax already.

It's not like corporations are collecting social security and medicaid.


No, just hundreds of billions in grants, tax offsets, and other government largesse.


Those are things we, as people, choose to incentivize with our tax dollars. Why would we incentivize corporations to do a thing and then tax them on it too?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: