this post was submitted on 06 Jul 2026
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They actually recently signed a massive profit sharing deal with workers. Chip fab workers making as much as $400K bonus.
Taxing into oblivion would just net 270,000 out of work. Not everyone is happy living on the dole.
If you pay your employees, it stops being profit. Paying employees is a cost. Profit = revenue - cost. You cannot hurt employees by taxing profit.