RE: Is There A Point To Company Tax?
Can I just start by saying this is the most fire 🔥 comment I’ve read in a long time! I feel so much of what you’re saying and you phrase it so well!
I totally agree employees should be paid more loads of people are not getting a living wage and being made poorer through inflation.
Amazon is not a success they just found the best way to steal within the confines of the current system they have been receiving so much money to prop up themselves while they obliterate business after business and industry after industry
They only able to do this because they have a preferential access to capital since it’s all funneled through Wall Street that’s where all big capital allocations are made and with that comes zombie companies sucking up funds
We can’t have a free market where small and big can compete if the money is controlled centrally and disruption is done preferentially which is why I believe so much in crypto
I’d say the government said tomorrow we going to stop printing cash these companies would be forced to use their own capital instead of sitting on it! They would get no yield and they would need to use it as working capital and flow it into the economy! At the moment there is an incentive to horde and then use it as leverage
People can be evil for sure and we can count on it which is why we need a system that encourages even the wrong persons to be doing the right thing
Lol well I don’t know much about the US only what I read im sure the real life experience is far different and you have more insight than I could ever read about! Would like to visit one day just to get my mind around how it operates on that side of the world