In the US at least, corporate taxes are progressive.
Taxes are on earnings though, not revenues (you could be unprofitable and as such, pay no taxes).
Question: so are you suggesting then that just because a company's revenues (I think you mean "earnings") have exceeded X, that they should be completely broken up as a company?
> so are you suggesting then that just because a company's revenues (I think you mean "earnings") have exceeded X, that they should be completely broken up as a company?
Yes. But I meant revenues. If we want companies to become smaller, taxing their revenue progressively would compell their owners to split them up into independent entities. Think about it as a progressive VAT.
Taxes are on earnings though, not revenues (you could be unprofitable and as such, pay no taxes).
Question: so are you suggesting then that just because a company's revenues (I think you mean "earnings") have exceeded X, that they should be completely broken up as a company?