Couldn’t it just as easily be equivalent to saying “you grew this year, so contribute some money back to society for enabling you to have the educated hiring base/financial infrastructure/physical infrastructure that enabled you to grow”?
Like, sure, you don’t owe growth taxes for a quarter when you didn’t grow. But why should you be refunded just because prior taxable growth isn’t denominated in money in a bank account?
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Couldn’t it just as easily be equivalent to saying “you grew this year, so contribute some money back to society for enabling you to have the educated hiring base/financial infrastructure/physical infrastructure that enabled you to grow”?
Like, sure, you don’t owe growth taxes for a quarter when you didn’t grow. But why should you be refunded just because prior taxable growth isn’t denominated in money in a bank account?