Why should I, as an employer, give you a job, if I can't have a profit margin? People work for money, if taxes are too high, companies close and people fall into disgrace. Companies should be helped, not taxed.
@Lorenzo Ancora First of all jobs aren’t given, it’s an exchange, work for compensation, mainly salary. Employers offer jobs when they can’t do everything by themselves and need additional help to run their business. At this point, if their business is making a loss, they aren’t taxed but can’t afford to hire someone else either. On the other hand, if they make enough money that they have to part with the extra in taxes after all expenses are paid, they’d be better off self-investing, hiring someone or raising salaries with the money.
Notice that at no point people are working for free in my example, even with 100% tax on *corporate profits*. But this means the company owner needs to pay themselves a salary, they can’t rely on their company profits as a source of income.
Finally, this tax kills off the worst kind of business owner that are in to squeeze as much money from their property at the expense of their employees, regulations, etc...
@Hypolite Petovan In reality, those who own a company cannot limit themselves to receiving a salary, because they must constantly invest in maintaining the tools and properties. When labor costs are too high to ensure stable growth, employees are replaced using outsourcing from foreign states and delegation to third parties. Obviously, there will also be an increase in prices charged to end users. If a company is taxed excessively (or in any case cannot expand) for too long, to remain competitive it will move to another state that imposes less taxes, causing damage to the nation's economy that imposed excessive taxes in the first place. There is no escape: taxing companies is equivalent to taxing citizens and favoring the intrusion of foreign markets.
@Lorenzo Ancora Except in accounts, self-investment is deducted from profits, so the money that would be used for it wouldn't be profit-taxed away. Maybe that's what you aren't getting about "profits". About moving companies, Delaware has no business tax, and many US companies (mostly the biggest) are incorporated over there. But not all American companies are. So obviously the business tax collected in other states aren't that excessive that all companies will move to Delaware because of it. In a way taxing companies is like taxing citizens: neither of them move in drove because taxes are lower somewhere else except for the richest that won't pay them anyway. But that's pretty much it.
Taxing companies is necessary because trickle down economy is a myth. If you allow people to strive for unlimited profits, they will go for it and give back only a fraction of what could have been collected through taxes, adding policy pressure wherever they please with no popular oversi... show more
@Lorenzo Ancora Except in accounts, self-investment is deducted from profits, so the money that would be used for it wouldn't be profit-taxed away. Maybe that's what you aren't getting about "profits". About moving companies, Delaware has no business tax, and many US companies (mostly the biggest) are incorporated over there. But not all American companies are. So obviously the business tax collected in other states aren't that excessive that all companies will move to Delaware because of it. In a way taxing companies is like taxing citizens: neither of them move in drove because taxes are lower somewhere else except for the richest that won't pay them anyway. But that's pretty much it.
Taxing companies is necessary because trickle down economy is a myth. If you allow people to strive for unlimited profits, they will go for it and give back only a fraction of what could have been collected through taxes, adding policy pressure wherever they please with no popular oversight. All billionaires became so because their companies were able to extract a fee from an entire industry field by being the dominant force while providing little to no significant service, maximizing profits. Were they taxed 100%, these billionaires never would have become so and their respective fields would have been way more competitive.
I applied for a "Mini-Job" (40 hours work time per month only) and they gave me a form where I can permanently apply to not pay into pension insurance. I disagreed as I don't want to reduce it any further it will become anyway.
@Hypolite Petovan Yes, that is very low #salary. Starting with January they may take me full-time. Then I get more.
@Roland Häder the more you produce, the more they can pay. However, as long as the company does not have full confidence in your skills, gained with experience, it can never afford to pay you more than the minimum. Nothing anomalous. Always show gratitude for the job you have been given, because there are many people who do not have it.
@Lorenzo Ancora Fuck off, corporate shill. You have no idea what you're talking about, you just are mindlessly parroting capitalist talking points and you aren't even one of them.
@Hypolite Petovan I totally agree with you. #Capitalism sucks at this point and also a lot others. In November I worked 37 hours by a 40 hours contract in a half month. Now their #tax consultant made 1/2 payment (255 EUR instead of "full" 450 EUR). Okay, he was not aware of how much I actually worked so today I gave them my time sheet as PDF and I hope they can find a good way to fully pay me because I didn't work 20 hours but 37.
Lorenzo Ancora
Hypolite Petovan
Lorenzo Ancora
Hypolite Petovan
Lorenzo Ancora
Hypolite Petovan
What don’t you understand in “company profit”?
Lorenzo Ancora
People work for money, if taxes are too high, companies close and people fall into disgrace.
Companies should be helped, not taxed.
Hypolite Petovan
Notice that at no point people are working for free in my example, even with 100% tax on *corporate profits*. But this means the company owner needs to pay themselves a salary, they can’t rely on their company profits as a source of income.
Finally, this tax kills off the worst kind of business owner that are in to squeeze as much money from their property at the expense of their employees, regulations, etc...
Lorenzo Ancora
Hypolite Petovan
Taxing companies is necessary because trickle down economy is a myth. If you allow people to strive for unlimited profits, they will go for it and give back only a fraction of what could have been collected through taxes, adding policy pressure wherever they please with no popular oversi... show more
Taxing companies is necessary because trickle down economy is a myth. If you allow people to strive for unlimited profits, they will go for it and give back only a fraction of what could have been collected through taxes, adding policy pressure wherever they please with no popular oversight. All billionaires became so because their companies were able to extract a fee from an entire industry field by being the dominant force while providing little to no significant service, maximizing profits. Were they taxed 100%, these billionaires never would have become so and their respective fields would have been way more competitive.
Roland Häder🇩🇪
Hypolite Petovan
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Lorenzo Ancora
Always show gratitude for the job you have been given, because there are many people who do not have it.
Roland Häder🇩🇪 doesn't like this.
Hypolite Petovan
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Roland Häder🇩🇪
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