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dickbutler ,

If you want inflation to stop just put extra tax on companies that have increased consumer prices in last 12 months. In 12 months you see that inflation under control again.

Of course this is never going to happen but we all know the reason for inflation.

eek2121 ,

Just need to make corporate taxes similar to personal ones, but as a percentage basis. Did you have a 40% profit? Okay, you pay 37% in taxes on money earned above that. 35% profit? 33% tax.

Stock buybacks should be considered profit for tax purposes.

If an employee gets paid more than 50% in stock/stock options and the company has more than 10 million in revenue per year, the company should pay taxes on that as well.

If we did that and closed a few other loopholes, we’d probably see companies investing more into the business and prices would also not rise quickly.

HeartyBeast ,
@HeartyBeast@kbin.social avatar

That sounds like it would be really difficult to track and implement in practice though. Companies would just bring in very slightly different models with new names, or do a bit of shrinkflation. Tracking like-for-like equivalents would be a nightmare and everything would get tied up in the courts.

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