The biggest grapple I have with the Windfall trust proposal is that profits really don't track power - Apple's revenue is slightly lower than Aramco but apple's economic, cultural and political influence is much higher. We should just track revenue or market cap maybe? Not sure what is best also because you might not get anyone to sign on if they've already passed the threshold.
Agree! Profit is also easier to manipulate than revenue / market cap. However, I also agree that the bar to sign for companies would probably be higher. This would almost be akin to a non-profit "VAT / turnover tax".
The biggest grapple I have with the Windfall trust proposal is that profits really don't track power - Apple's revenue is slightly lower than Aramco but apple's economic, cultural and political influence is much higher. We should just track revenue or market cap maybe? Not sure what is best also because you might not get anyone to sign on if they've already passed the threshold.
Agree! Profit is also easier to manipulate than revenue / market cap. However, I also agree that the bar to sign for companies would probably be higher. This would almost be akin to a non-profit "VAT / turnover tax".