posted on Oct, 16 2012 @ 06:22 PM
Originally posted by Wildbob77
How many people were employed ?
Sometimes it's better to have people have jobs then to worry about a corporation paying enough tax.
If you taxed them at what you might consider a fair rate, perhaps they wouldn't have opened so many stores and employed so many people.
Then the people would be employed by a smaller business that does pay tax but isn't able to grow right now because they have global corporation able
to pump their unpaid tax back into building another branch to destroy more of the smaller businesses...
Having three independent coffee houses in a town centre would employ more than one Starbucks, and those three would be paying their taxes, rather than
pumping the money out of the country and into a tax haven to be hoarded by CEO's. They would also be paying back into the local economy, because they
are local businesses.
People seem to forget the capitalist idea of competition in a natural market, but maybe that's because we haven't ever had a truly capitalist
competitive market. Corruption with leadership destroys competition and enterprise.
If Wal Mart didn't exist, do you think people would just stop needing things? Do you think no one else would think to open a shop ever again?
If Wal Mart closed down tomorrow, ten new businesses would open up in a week to take their place. The people employed now by Wal Mart would get jobs
in one of those ten new businesses, probably paid more, valued more, paying more tax, with the small business paying their taxes too, and not rushing
the profits out of the state and out of the country. The money would remain in the community, as the small business owner employs the local plumber,
the local painter, buys stock from a local farmer...
This is local economics, something the global corporation has destroyed. Right now there is a continuous extraction of wealth from communities as
corporations only pay back a minuscule % in pay back to their local employees, the rest is funnelled out of the community. It's a major part of the
problem we face, and something that needs to be fixed urgently.