My beef with it is that it’s just a Robin Hood law. They want to replicate Alaska’s oil dividend, but we don’t have a natural resource like that so the plan is to just soak the largest companies in the state instead.
I’m all for fairly taxing the wealthiest companies, but the money should be used to reduce our tax burden, not just kick it back to everyone else. Phil Knight doesn’t need $1,600 back.
My beef with it is that it’s just a Robin Hood law. They want to replicate Alaska’s oil dividend, but we don’t have a natural resource like that so the plan is to just soak the largest companies in the state instead.
I’m all for fairly taxing the wealthiest companies, but the money should be used to reduce our tax burden, not just kick it back to everyone else. Phil Knight doesn’t need $1,600 back.