> it means that Alice's net worth is at least $10 million...
Some people might interpret or represent the aforementioned transaction as justification for thinking Alice's net worth is at least $10M, but it is not an objective measure of Alice's purchasing power (as it would be in the case that Alice had $10M cash).
>The same money can hop around in circles between an insane number of people when it's just 'revenue' because revenue is not taxed (after expenses). Only profits are taxed
On the US federal level. Not sure about other countries, but quite a few other governments in the US do tax revenue.
https://taxfoundation.org/data/all/state/state-corporate-inc...
>Nevada, Ohio, Texas, and Washington impose gross receipts taxes instead of corporate income taxes. Delaware, Oregon, and Tennessee impose gross receipts taxes in addition to their corporate income taxes. Some localities in Pennsylvania, Virginia, and West Virginia likewise impose gross receipts taxes, which are generally understood to be more economically harmful than corporate income taxes.
See also: