alt Hacker NewsThat isnt dumping. There is a big difference between running a company at a loss and selling a good at a loss.
This is exactly what we want our tax structure to incentivise. Investing in the future for growth and cheaper goods.
That isnt dumping. There is a big difference between running a company at a loss and selling a good at a loss.
This is exactly what we want our tax structure to incentivise. Investing in the future for growth and cheaper goods.
Yes, I should not have used the word dumping there as it's not in the same context as its usage upthread. I just meant they plowed all their profits into R&D and infrastructure growth, and as a result had very little or even negative taxable income. They operated at a loss, but it was contrived. They had revenue pouring in.
While I agree we want to incentivize investing in future capacity, I don't think we intend that incentive to be used to create monopolies. As with many things, what's good at small scales can be bad at huge scales.