Comment by minraws
5 months ago
Now let's consider a different form of govt/shared charges.
Taxes, why are individual and corporate taxes and structures different?
Both are doing work and generating income?
Why do corporations get to deductions and do so much tax magic that individuals don't?
why don't we charge them both with the same laws, and structures?
Cause corporates generate jobs? Isn't that unfair to the people born individuals...
I don't think anyone is saying there should be stabilization of electricity prices. But costs for grid improvements for industrial, data center or AI usage should be on the said companies.
They are using that resource to generate a profit.
While people in residential homes are just living their lives, you are comparing cost of essential commodities to production inputs...
We make taxes on poorer people less as well for the same reason.
But yes if someone is saying electricity prices should be stabilized for early consumers that's definitely unfair. But I didn't see or read that here.
Apologies, I misread some of this yesterday.
The easy way to justify why corporations get to deduct their spending, is it encourages corporations to spend. Something that a for profit company would not necessarily do otherwise. With the obvious note that spend sent to people is taxed as income for that person.
Now, I agree that this gets super odd when people also make an odd "corporations are people" argument.
As for my assertion that this is effectively arguing for price stabilization. The entire thing hinges on the complaint that costs have been going up. Which, of course the price of a good that has increasing demand is going up. I'm not sure how to read that other than an appeal to price stabilization for early consumers.
>Why do corporations get to deductions and do so much tax magic that individuals don't?
Individuals can do deductions if they're a sole proprietorship. The requirement in general is that the expense is used for a business purpose. Buying a laptop for personal consumption isn't tax deductible, but buying it for your consulting business is.
Isn't that proving my point you change laws based on what you do with your money and where you get it from.
If so data centers should also be separately booked for their electricity consumption.