CanadaPolitics

1883 readers

65 users here now

Placeholder for any r/CanadaPolitics refugees

Rules:

All of Lemmy.ca's rules apply

No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
Be respectful. Everyone should feel welcome here.
No porn.
No Ads / Spamming.

founded 1 year ago

MODERATORS

lightrush@lemmy.ca

grte@lemmy.ca

Where do Canada’s soaring corporate profits go? Not ‘back into the country’ (breachmedia.ca)

submitted 3 months ago by Five@slrpnk.net to c/canadapolitics@lemmy.ca

6 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] avidamoeba@lemmy.ca 10 points 3 months ago* (last edited 3 months ago) (1 children)

Want the profits to stay in the country? Get these workers higher portion of those profits. A perhaps even better way of corporate profit taxation. Not always applicable when the corpo doesn't employ domestic workers of course.

[–] psvrh@lemmy.ca 6 points 3 months ago (1 children)

Taxation is a valid way to do that.

It forces business owners to reinvest in their business lest they lose those profits to taxes. Part of that reinvestment is wages and headcount.

[–] avidamoeba@lemmy.ca 3 points 3 months ago

Of course it's valid. I'm just thinking about it from the point of view of evasion and regulatory capture.