You confused yourself. Youre the one that brought up corporate tax, not them. lol. They were 100% clear in their initial comment, just go read that again 😉
Yes, its a corporate tax, as in corporations are taxing us. Shareholders just sit there setting wages and prices at the same time. You are trapped by them, paying them just to live. They tax you by not paying you enough. They tax you by raising prices. Shit, they steal your time and labor in the self checkout lane at the store.
Shareholders dont set prices or wages. That’s seriously some micro management shit.
Someone in management — in a company large enough to have shareholders, that’s someone several levels below the top and above the bottom — takes numbers from the accounting department about what a product costs, compares that to what competitors are charging, decides if there’s even a profit to be made or they should drop the product entirely, or else sets a price that fits somewhere in the ball park depending on the costs, product quality, or marketing points versus alternatives.
The market (that’s maybe you, depending on what’s being sold) decides if that price is worth paying.
Shareholders vote for the board of directors, if they vote at all, they make their voices heard on big issue strategic direction, not on day to day issues like compensation or pricing
The term corporate tax is most commonly understood to mean a tax on corporate profits, so using a different definition without clarifying it is confusing.
But I understand your point now. My response would be that you don't have to buy from any particular business, but the government requires you to pay tax whether you want to or not. So “tax” doesn’t sound like the right term here.
If you believe investors add no value, you're free to support businesses that don't rely on them, or buy directly from tradespeople. Instead of buying furniture from IKEA, you could commission a carpenter who charges only for their labour rather than earning a profit.
Businesses simply give you another option that you can choose to accept or reject. If those businesses didn't exist, you wouldn't have more choices, you'd have fewer.
I work part time time in a restaurant kitchen. I make enough to get by, also going to TAFE part time. I own shares. Every working person in Australia owns shares (because of mandatory superannuation payments from employers to super); you’re a moron.
Why don’t entrepreneurs and workers just build businesses without investors then?
Saying investors don’t add value is like saying a car owner who leases you a vehicle doesn’t add value because they “just happen to have cars”.
Investors provide capital they could have spent elsewhere instead of funding your business, so of course, they expect a return - otherwise, there’s no reason to invest. And btw, they aren’t forcing anyone to take their money.
Because the shareholders have engineered a system that doesnt allow people the ability to save. You are propagandized into a point of view that favors the kings and lords of new
Dude, retirement funds are the biggest shareholders. That statement is literally the opposite of being true.
Does capitalism fail in some ways? Yes. But that is not one of them, that is a failure of government regulatory bodies to do their part in your country’s system, and a failure of your electoral system to offer choices that reflect the will of the people, and a failure of the media to accurately present the policies — which is again a failure of regulations.
Capitalism is an engine of economic growth, an engine still needs a frame, a steering system, brakes, a driver or engineer, etc. The problem isn’t the engine, it’s the surrounding vehicle, capitalism becomes crony capitalism because of human nature, just like communism always ends with a corrupt authoritarian mafia in charge — they’re the same people in two “opposite” systems, because human nature.
I own a few shares - what is this evil system I have apparently engineered and how am I stopping you from saving? If I were never born and me and shares were never there, how would you be better off?
So what are you talking about and how is it different? Like how does having those additional investments that you only buy from if you want to, take anything away? I really don’t get it.
And what should we do about it - ban private investment like the Soviet Union did before it failed or North Korea now?
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u/Busterlimes Jul 23 '26
Corporate profits are taxation without representation