The new library is open five of seven days and a total of 45 hours per week. But why shouldn’t it be open from 10 a.m. to 9 p.m. seven days per week or 77 possible hours?
By my reckoning it’s open 45 of 77 hours which is more like four not five days a week . The system as a whole is open something like 3 of 7 days per week by my math.
Yet there are billions and trillions worth of corporate capital that we are afraid to tax . Amazon and Tesla and Ford, on down to whatever the names of the unicorns are. (there are 16, start ups with enough investment to be valued and traded at $1 billion each or more).
And let’s tax VC transactions one dollar per thousand which would still amount to couple million dollars per year.
Remind me what it costs in of thousands of dollars per hour to keep open a library. I presume it is more than the $20 an hour our staff makes.
There is something in a local paper that said we are being asked to cap the tax at one million even for the largest corporations, the wealthiest. I suggest, rather, that we only tax the hundred biggest corporations or most wealthy and tax them an average of $1 million each. To get up to something like $100 million per year. Current leadership is targeting $10-$15 million which is somewhat pathetic and certainly disappointing.
And I think flawed from the start for not starting by investigating and announcing why we don’t have a business tax and everyone else does.
To my mind taxing these 100 corporations only $10 million and not $100 million is giving them a gift of $80 million per year or continuing our tax holiday for billionaires centibillionaires and trillionaires.