Hacker News new | past | comments | ask | show | jobs | submit login

The company is only reinvesting $1M profit this year in the hopes of making $2M profit next year. The ultimate goal of building a company is for it to generate profit which will accrue to the shareholders.

Your hypothetical process of continually reinvesting all the profit can't continue forever. Even if it could, the company would have no investors. Why throw your money away?




Yes, taxes are eventually paid. But they aren't harmful to the innovation process, rather they provide an incentive to innovate for as long as you can. The corp tax actually provides a net advantage to innovators over rent-collectors.

It's exactly backwards of what briandear was claiming.

As for the rest of your nonsense, you're arguing against things that weren't said or implied.


But they aren't harmful to the innovation process, rather they provide an incentive to innovate for as long as you can.

No, they merely reduce the incentive to innovate.

Taxes don't harm you while you innovate (which is a good thing - don't get me wrong), they harm you when you try to reap the proceeds of innovation.


The letter was written in response to this request for comments: http://www.whitehouse.gov/blog/2012/06/25/help-us-shape-our-...

If you (like briandear) believe that including anti-tax arguments in a response would increase the efficacy of the response, I'd strongly suggest that you avoid a career in marketing or sales. Not trying to be snarky, but I can't think of a polite way of expressing how ineffective the inclusion of general anti-tax sentiment would be when attempting to persuade the target audience.


I never suggested the anti-tax arguments should be contained in the petition, I just said you were wrong in your claim that corporate taxes are irrelevant for entrepreneurs.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: