this post was submitted on 14 Aug 2024
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Coca-Cola Taxes (sh.itjust.works)
submitted 4 months ago* (last edited 4 months ago) by ModerateImprovement to c/whitepeopletwitter
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https://mastodon.social/@MEActNOW/112956139620337300

News: https://www.forbes.com/sites/kellyphillipserb/2024/08/06/coca-cola-could-face-16-billion-irs-bill-after-its-tax-court-arguments-fall-flat/

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[โ€“] [email protected] 4 points 4 months ago (1 children)

Externalities with no direct impact on the company? No way! Milton Friedman assured me that capitalism was perfectly balanced with 0 exploits!

[โ€“] explodicle 1 points 4 months ago

Why, the free market can solve externalities! We just need an economy with

[checks notes]

negligible transaction costs. Easy, any day now!