u/OriginalOpulance wrote (the comment Michael replied to):
That will just cause the businesses to relocate to a lower tax jurisdiction like all of these proposals will cause. You also assume interest margin is profits, it’s not. Interest on loans also isn’t necessarily compounding, unless you are explicitly adding that interest expense
u/michaelnovati replied ·
Yeah I agree, but just proposing more ideas, I think the average person should be aware of and think about all options they can before voting for one random solution proposed to the masses via a proposition.