a reply to: CharlieSpeirs
I've never believed in the notion of redistribution of wealth, it's a flawed notion not unlike the Zimbabwean notion of giving all farm land back to
people who don't know how to farm. Like it or not, we live in a society where money flows through the public and business in order to keep things
moving, the problem comes when veins are constricted to flow money to specific groups of people, or whole limbs are cut out of the system to make a
minority extremely wealthy.
The solution to all of this is greater restriction on businesses, preventing companies like Walmart from opening yet another mega-store to replace ten
This is what most people don't consider...
Walmart opens a store and hires 100 people.
This then replaces ten small businesses each hiring 20 people, they all close and 200 people are now unemployed, only 50% of them get a job at the new
Walmart then pays those people less than they were making before, so they now need assistance to keep them on a reasonable income - which comes from
Walmart pays less tax than those ten smaller businesses it replaced.
The employees no longer pay the same level of tax they did either, because they now need assistance too.
Walmart also then funnels their profits out of the state and out of the country, to avoid paying the tax they owe, meaning that you then pay even more
tax to make up the shortfall.
Walmart also pays their suppliers less, meaning the local farmers who were selling something at $20 now has to sell it to Walmart for $10 or go out of
business. This means them downsizing, losing more employees. Corporations like Walmart continue to reduce the prices they are willing to pay
suppliers, meaning that the supply chain can only be degraded.
Of course, those suppliers and their former employees are now paying less tax too, which means you are again paying more.
All of this comes down to the same thing - you think you're getting something for %20 less at Walmart, but you're really paying %50 more in taxation
to support all the people and the lost tax that corporation is no longer paying.
Now multiply that by the thousand, across the country, across industries, across states, and you see why this system is doomed to fail and cannot
possibly be sustainable.
Corporations like Walmart have absolutely zero social responsibility. They don't give a damn about the community they work in and they don't give a
rats ass about the millions of $'s they funnel out of the community every week. They move it into their offshore accounts and you are all left with
the tax bill, the welfare bill for their poorly paid staff, the bill to support the supplier they almost ran into the ground, the local taxes they
refuse to pay under the guise of bringing "more employment" to a local area.
This is what needs to change.
Redistribution of wealth in the way it's discussed will not change anything. It's the corrupt economic system that has failed and needs to be
completely restructured to support local economies.