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by Fissionary 1607 days ago
The idea of imposing punitive taxes on some companies, to level the playing field for everyone else, reminds me of Kurt Vonnegut's "Harrison Bergeron". It wouldn't have the desired effect anyway, since employee salaries are tax-deductible.

A better way to promote innovation might be through cultivating a spirit of entrepreneurship in young people, supporting startup accelerators, and handing out grants to promising candidates like the one in the article.

2 comments

I heard a story at a recent robotics tournament about a team that had competed together all the way from 7th grade through 12th grade. As the story went, the teammates were hired en masse by a certain high profile company who agreed to pay for all their college, etc, etc.

I thought it was an interesting story as I heard it repeated among the students at the tournament. Many of the teams have sponsors who donate $1000s so the schools/clubs can buy parts, etc. They are trying to encourage interest in STEM. But if the story is true, one company could spend $1000000 and inspire 1000s of students, generating lottery psychology. Of course, one person could just make up such a story for $0 and achieve the same thing. But it amuses me to think of some altruistic billionaire having a little fun and doing such a thing.

> A better way to promote innovation might be through cultivating a spirit of entrepreneurship in young people, supporting startup accelerators, and handing out grants to promising candidates like the one in the article.

Taxing large corporations seems like it would be an excellent way in which to fund such grants.