|author||Josias <email@example.com>||2022-01-26 11:16:04 -0800|
|committer||Josias <firstname.lastname@example.org>||2022-01-26 11:16:04 -0800|
gemlog: add Re: Why Do Corporations Have to Grow?
3 files changed, 19 insertions, 1 deletions
diff --git a/gemlog/feed.xml b/gemlog/feed.xml
index dffebde..860cf14 100644
@@ -2,7 +2,7 @@
<link href="gemini://josias.dev/gemlog/" rel="self"/>
<generator uri="https://lkiesow.github.io/python-feedgen" version="0.9.0">python-feedgen</generator>
@@ -89,4 +89,10 @@
<link href="gemini://josias.dev/gemlog/capitalist-realism.gmi" rel="alternate"/>
+ <title>Re: Why Do Corporations Have to Grow?</title>
+ <link href="gemini://josias.dev/gemlog/re-corporate-growth.gmi" rel="alternate"/>
diff --git a/gemlog/index.gmi b/gemlog/index.gmi
index 814328b..2dcbb32 100644
@@ -4,6 +4,7 @@ A collection of thoughts and opinions organized reverse-chronologically but with
+=> re-corporate-growth.gmi 2022-01-26 - Re: Why Do Corporations Have to Grow?
=> capitalist-realism.gmi 2022-01-17 - A Review of Capitalist Realism
=> rain.gmi 2022-01-06 - Rain
=> reading-2021-2022.gmi 2022-01-03 - Reading in 2021 and 2022
diff --git a/gemlog/re-corporate-growth.gmi b/gemlog/re-corporate-growth.gmi
new file mode 100644
@@ -0,0 +1,11 @@
+# Re: Why Do Corporations Have To Grow?
+I've read several of the responses to ew0k's post about corporate growth, and I'd like to add something I haven't seen anyone else mention yet: income taxes.
+=> gemini://warmedal.se/~bjorn/posts/2022-01-25-why-do-corporations-have-to-grow.gmi ew0k's original post: Why Do Corporations Have to Grow?
+As far as I understand (at least in the United States) revenue that is put back into a business is seen as a business expense rather than income, and thus isn't taxed. This incentivizes growing because most businesses would rather use money for their own business than to pay taxes on it. I'm not sure how this tangibly affects growth, but it could be a factor.
+If you can put money back into your business that would otherwise be taken, wouldn't you?
+There are subtle things like this in tax law and in the way markets operate that make growing simply more reasonable than being stagnant.