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culiyesterday at 8:57 PM1 replyview on HN

Good Jobs First has tracked $11b in public subsidies to Amazon so far

https://goodjobsfirst.org/amazon-tracker/

You have to take that into account and look at the NET of what we've paid Amazon vs what they've paid us


Replies

LanceHyesterday at 9:13 PM

Stop throwing subsidies. Easy fix without a wealth tax.

There are a plethora of taxes that companies pay, but a tax on existence is just awful in so many ways. Make zero dollars this year? You lose a percent of the company -- congrats.

There is a middle ground: Make using the securities of the company as collateral a taxable event. If it's good enough to back a loan, it's wealth, realized.