Quote:
Originally Posted by Lojik
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I don't disagree about defense spending needing to be cut, but good luck getting a candidate elected who runs on that platform: too many people work either for the dod or some subcontracting firm.
As far as the other things, higher corporate tax rates just mean businesses relocate elsewhere, and a lot of what makes outsourcing so profitable is that unions here priced themselves out of a lot of international labor markets. How many American sailors these days? How many shipping companies incorporated in the usa?
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It's part of a lax tax code that refuses to pursue tax evasion. If you do business in the USA, you should pay US taxes, whether you are incorporated here or in the Virgin Islands. Whether outsourcing was profitable or not shouldn't matter; companies that outsourced should have been penalized, not subsidized. In instances where free market forces are harmful to all but the oligarchy, the government should step in. Unfortunately, financial institutions are this century's railroad companies and oil/mineral tycoons, and they own the government.
Believe it or not, there are places where the government isn't owned by corporations, and business still thrives.
Just look at what Toby Abbott is doing to Australia, bringing American style politics to their system. The entire country is regressing and spiraling into the gutter while mining and energy companies line their pockets. It's fucking disgusting.