this post was submitted on 10 Jun 2026
915 points (99.1% liked)

Work Reform

16546 readers
1202 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] Anivia@feddit.org 2 points 4 days ago (3 children)

If you're a "company" you get to offset money coming in with expenses and even in the most honest of systems only pay tax on the difference (i.e. the profits).

Taxing profits instead of revenue is sensible though, otherwise businesses with low profit margins would be impossible to run. Groceries would be twice as expensive since the supermarket would have to increase their profit margin by a huge amount to not go bankrupt

[–] constant_liability@lemmy.world 4 points 4 days ago (1 children)

Why do they need a huge profit margin of profit is the money left over after they’ve paid their expenses? And why wouldn’t you want the same system for individuals?

[–] Anivia@feddit.org 1 points 4 days ago* (last edited 4 days ago)

Why do they need a huge profit margin of profit is the money left over after they’ve paid their expenses?

Because if they were taxed on revenue, not profit, they would have a higher tax burden than their profit and go bankrupt

And why wouldn’t you want the same system for individuals?

If you could deduct all your expenses from taxes the only ones paying taxes would be people saving up their money. I also didn't say with a single word that I don't want the same system for individuals, why are you arguing in bad faith and putting words in my mouth?

[–] eestileib@lemmy.blahaj.zone 3 points 4 days ago

Hmm maybe this indicates that basic necessities of life should not be managed through the profit motive.

[–] Bytemeister@lemmy.world 1 points 4 days ago (1 children)

That's what the "Standard deductible" is on your taxes. Basically "this is what we think it costs to live here for a year, so this money doesn't count towards your taxes."

[–] Anivia@feddit.org 1 points 4 days ago (1 children)

I think you replied to the wrong comment

[–] Bytemeister@lemmy.world 1 points 3 days ago

Eh. In the same line. Close enough.