Sorry not a fan of communism. Forcing companies in a free market to give 5% of their income from ideas they developed will kill innovation.
Sorry not a fan of communism. Forcing companies in a free market to give 5% of their income from ideas they developed will kill innovation.
they already have to do this? If corporate income is due to patent royalties, the corporate income tax has this function This might have fewer loopholes
This is yet another tax on consumers as companies will raise prices by 5% to offset these cost. Just more crap built into the system to pay for massive Republican deficits.
It does seem ironic that they think a 1-2% tax on wealth is somehow more corrosive/disincentivizing than giving away at 5% royalty on revenue (not profit) from IP derived from extensive R&D and innovation.