Days Black People Not Re-Enslaved By Trump

Wednesday, October 05, 2011

Taxes as Profit

I rarely mix my technology blogging and, well, the rest of my opinionating (not even a word) but the Macalope has posted my exact feelings about the whole tax cuts for businesses argument:

Karl starts with Amazon, which he thinks is headed for DOOOOM because he expects the U.S. government will close the tax loophole that’s meant the online retailer hasn’t had to charge sales tax in most states for all these years.

In short, this is a firm that only exists because of its ability to evade that tax structure. When, not if, that ends, the company is a literal zero.



That's been my argument for a long time. If your entire profit strategy is to pay as little taxes as possible then you're really not going to be in business very long and, erm, taxes will not help you.