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That's not a revenue tax anymore.

That just forces companies to minimize their cash stockpiles through investment, inventory, dividends, etc. How does that make the tax system fairer?



All those categories have already taxes associated with them

Expenses -( VAT/GST etc)

R&D/salaries - income tax for employees

Divendent - income and other taxes

Acquisitions/investments - seller pays capital gain tax etc

Disincentizing savings to boost the economy is not only applicable for regular people it also applies for companies.

Low interest rates are really today applicable for us. Companies with billions of dollars are getting enough returns to keep cash rather than spend it.




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