Time to tax them into oblivion

I would rather have a tax specifically for data center hardware purchases

Hurt the data centers not the manufacturers

im for a excess profits tax. Everything above let's say 30% get's get's taxed 100%

Love this. It encourages increasing costs instead of paying shareholders, which means higher wages for people.

Also, tax the ultra wealthy out of existence and break up any company over X billion in revenue or Y% of the market share. We need to forcibly distribute power to as many people as possible to ensure a high quality of living for as many people as possible for as long as possible.

agreed

Better yet, wealth caps. Anyone with a net worth of 10 million gets all income above that level taxed 100%.

When there is an actual wealth caps things change drastically

Companies like Samsung will need a huge amount of more or less equally powerful shareholders because nobody can own over 10M

Why squeeze the workers salaries for extra profit if it'll all go to taxes anyways? Better increase salaries so that the workers are happy

Nobody can get 50 houses anymore, no park full of Lamborghinis

Governments get a huge influx of resources they can spend on social networks like free healthcare, free education, free housing, you name it

One simple rule that has so many great side effects

Also, no more con men like musk.

They actually recently signed a massive profit sharing deal with workers. Chip fab workers making as much as $400K bonus.

Taxing into oblivion would just net 270,000 out of work. Not everyone is happy living on the dole.

or, employee profit sharing, which is exactly what Samsung did.

Or tax everything to bankruptcy and we can all live on the dole eating government cheese.

If you pay your employees, it stops being profit. Paying employees is a cost. Profit = revenue - cost. You cannot hurt employees by taxing profit.