Angadh Nanjangud

@angadh.com

91 Followers 46 Following

🇮🇳🇬🇧 peripatetic space technologist Space Engineering Lecturer @qmul.bsky.social Meditations angadh.com

high corporate taxes in the Bell Labs-era counterintuitively drove innovation because 60% corporate tax incentivized investing pre-tax profits into higher staff salaries alongside R&D spending, which was written off. This way the taxes never made it to the government but also didn't line the pockets of corporations but drove overall productivity.
• Defense industries actually prefer constant low- level conflict to major wars