> because they took every penny and reinvested it and lost money for a long time... | Hacker News

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		redis_mlc on March 17, 2020 \| parent \| context \| favorite \| on: What If Andrew Yang Was Right? > because they took every penny and reinvested it and lost money for a long time because of such heavy investment. No, my understanding from press reporting is that the heavy reinvestment was to avoid taxes in the first place

jnordwick on March 17, 2020 [–]

that's the same thing. we set up tax structures to encourage long term investment precisely because we hope companies will try to invest to avoid taxes.

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