a quick pre-workweek read

The capitalist case for taxing business … I couldn’t agree more.

The rationale of the C-suite is transparent: what we deny the common purse, we redress, or at least muddy, in other ways. It is not just guilt that makes a multinational speak the argot of the cultural left. It is not just naïveté that induces a bank to hire phalanxes of grifting sustainability consultants. It is calculation. A sly fox is throwing hounds off the scent. If I am right, then it follows that higher, better-enforced taxes spell the end of the simpering corporation.

Carsten Schmidt @carstens