Sqrl on 06 May 2008
So effectively the risks a company takes and potential losses they incur when trying to hit it big with a new idea will be magnified by reduced payoff when they do succeed.
So we will end up with a stagnant economy where doing anything different is shunned because the risk is not worth the (reduced) reward.
Profit taxing is one of the dumbest tax ideas yet...what will they think of next?
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