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by icebraining 2663 days ago
That incentivizes the creation of vertically-integrated conglomerates over small companies, in order to reduce the number of transactions; is that what you want to foster?
1 comments

You need to take into account all the simplification it would imply in tax collection / paperwork / regulations etc. The cost of our current ways of taxing wealth and profits is huge
In the US, the IRS collected $3.33 trillion in revenue in 2018, with a total budget of 11.5 billion (2017). Thats 0.3453%, or 35c per $100 of tax revenue. Fairly minor in the scheme of things.
Monetary costs are a small subset of general costs (and the cheapest ones, easier to know and aggregate).
that's only one side of the ledger (collection). Now calculate the costs to the taxpayers (people and corps).