‘Loophole’ is such great branding. Loopholes don’t exist - there are only ‘laws.’ Flawed laws are rebranded as loopholes. Similar to pharma’s invention of ‘side effects.’ There‘s no such thing as a side effect - there are only effects. Bad effects are rebranded as side effects.
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When people say "Amazon should pay more tax" I don't take them to mean "Amazon should electively pay more than required by law" I take them to mean "our laws should require Amazon to pay more tax."
I take it as just lashing out, unless people really are suggesting to either tax corporations on something other than profitability, or eliminate carryforward losses - both of which seem unlikely.
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Agreed, seems unlikely -- though in a world where everyone can become rich in the present without profit in the present, it does seem misaligned to how government gets its cut. Though, tbh, if corporations are people I'm maybe for taxing them the same way people are taxed?
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(fwiw, I’m in favor of a dramatically simpler tax code that taxes on something other than profit)
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