[Enginerrrd]

It seems strange to me that someone would want to punish a corporation for maintaining a larger reserve with which to handle economic downturns and the like, allowing them to continue to pay and employ those same employees instead of just letting them go.

"Hording cash" sounds like NOT spending on expenses and offsetting profits, and therefore likely involves that corporation being taxed. In addition it sounds a lot more sustainable than wall streets typical obsession with short term gains Uber alles.

[Sparkle-san]

Using that money to retain staff during a downturn instead of doing layoffs sounds great and would make sense as something to incentivize through the tax code. There's definitely a point where a company can have an unreasonable amount of cash on hand.

[monero-xmr]

You just can’t win this argument.

“Company ABC made a billion last quarter and still had layoffs. Why are they so stupid? Can’t they save for a rainy day?”

“Company XYZ made a billion for the last 12 quarters. Why aren’t they giving it to their employees, or paying a wealth tax?”