the value of business is the value it provides to its customers, created by the employees, whose lives are enabled by that enterprise

Exactly

The more Americans fight and argue with Mr Trump, the more businessmen will be scared and try to evade even more taxes by moving elsewhere. So on a larger scale, quarrels are not beneficial.

@pete, 100 % .... Value, is subjective though

@James B I agree

Some companies must be kept alive even if they loose money. Like Aeroplane industry. We can't put all airplanes in junkyards and stop intercontinental flights alltogether.

We can't close hospitals because they don't make a profit. A Government can't be lead as a corporation. It's absurd 😂

== Social utility === hehe

It is the Triple Bottomline
Financial
Environmental
Social Responsibility

I think most businesses are pretty moral, most buinessess are not facebook-types

Trump should say tonite: "You'd have prefered me fire 1000 people or pay 1 milion dolars in tax?"

I'd rather keep all the people i can.

@brucebruce (y)

😆

@ChordFunc when it comes to the subjectivity of value, that's where prices and wages are negotiated

I meant that, price is not the same as value

Avoiding the morality issues around this subject is a bit silly. Just because it’s legal it doesn’t mean it may not be immoral. I’m seriously convinced I’m seeing a derangement over TDS. A reactive derangement to the deranged.

Yes. But it can also be argued morally, you agree, Kon?

The loopholes in the law are clearly immoral.

is it immoral to hire an accountant to exploit them?

You call it loopholes. I call it financial optimisation hehe?

Why don't more people have access to these "financial optimisations"? Because they didn;t struggle enough? - just saying, doesnt mean i endorse it.

tax code is needlessly complex

Yea i agree pete.

The law should be safeguarded against that optimization. I don’t believe it would be difficult to do.

one would need to be an expert just to know the loopholes exist

or further, an insider

If law safeguards too much, we die of hunger 😄

It’s over complicated on purpose.

My view is that - Fiscal Law is so complex because society and norms couldnt keep up with technology.

We now have the technology to simplify tax collection

Yang was a lost opertunity

We can track merchandise and people easily now

If tax code were simple, Donald Trump would have received a refund.

soon tax law will go away as mmt takes hold and ubi comes along. the gov just issues money and takes back what they need without your intervention

@kcon415 a "fair tax" collected by financial institutions, which removes the ability for the taxpayer to even commit fraud.

I just walked in, who "was like Trump"

what did they do?

livecast topic: Trump's taxes

It's debate about Trump tax JP

@drenath easy to say that a hypotetichal tax code thats fair would be better 😆