Revenue is an important concept for everyone to understand. Companies generate revenue, pay expenses and whats left is profit that the government tax. After the tax we get paid a set percentage based on how many shares we hold.
Interestingly Andrew Yang who was a presidential nominee for the 2020 election proposed the US implement a VAT tax on corporations to generate additional income for the government. He proposed the government then use this to fund the UBI bill. I personally think its a great idea but remember, our mission here is to financially free ourselves through investments so we can provide a blueprint to the government for creating a UBI for everyone.
Do you think a VAT tax should be implemented in the US?