Originally posted by micmerci
...And they all said 'just tax the wealthy more, that'll fix the problem'. They wont sell off assets. They won't slow the economy. They won't
hand out massive layoffs and take their businesses elsewhere. This will work trust me.
So who is buying the business, an alien race?
What makes people think that the selling of a business makes all those jobs vanish? They don't vanish, they move, that's all.
And for every massive corporation that sinks, another ten companies have room to appear or to grow. The idea that trade and commerce simply evaporates
is a retarded myth spouted by the corporate scum controlling all the markets and used as a threat to not tax them!
We have a great example of this in the UK right now. Starbucks BS their way out of paying corporation tax in the UK, but far from it just being a dent
in the government tax revenues, it also creates a vastly unfair market.
For every one branch of Star*ucks not paying corporation tax on its profits in the UK there is probably another independent coffee shop that DOES have
to pay their proper taxes and CAN'T afford to use offshore accounts and sneaky loopholes.
So what will happen if the UK told Starbucks to GTFO of the UK?
All those small independent coffee houses suddenly see a 100% increase in sales, they can afford to pay more staff - the ones Star*ucks fired when
they left the country - and the government actually gets MORE tax from those thousands upon thousands of smaller businesses now growing and creating a
fair market between them.
Not only that, but the revenues of those small companies actually stays in the UK too, in a smaller market, instead of being funnelled out of the
country to an offshore haven where it builds up for the bloated shareholders and CEO's to pocket.
People here are very simplistic when it comes to corporations and business. You preach about the "capitalist" system as though it is fair, when it
really isn't and millions of people can see that it isn't. We haven't had a real capitalist system yet, it's all smoke and mirrors intended to
give idiots the impression that there is a fair market and "anyone can make it". It's BS, and it's time people woke up to it.
I wouldn't worry about those corporations dumping their assets and closing down their businesses. There are hundreds of thousands of ethical people
willing to start a business and take their place. The business will continue, and hopefully it will create a more level playing field and increase
opportunities, real competition, and keep your economy at the local level instead of allowing the extraction of wealth to continue unchecked.
Oh, and BTW, blaming Obama for this is so asinine it's unreal! You do realize that Romney would have to face EXACTLY the same problem as president
too, right? That was one reason I actually wanted Romney to win, because he would have enraged so many rabid Republicans with the actions he would
have HAD TO TAKE regardless of the corporate idiocy of his party.