You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #4: I hate apple and despise Jobs. but ... [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Topic Forums » Economy Donate to DU
alc Donating Member (649 posts) Send PM | Profile | Ignore Fri Aug-12-11 10:14 AM
Response to Reply #1
4. I hate apple and despise Jobs. but ...
What do you suggest Apple & Jobs do?

It's a serious question. I think we can all agree that corporations and CEOs are out to make money. Since they are primarily interested in making money, it's probably in our interest to find ways to work with them to do that AND create jobs. If nothing else, the more money they make, the more revenue the government collects from them (assuming we get rid of many loopholes). We talk so much about "their fair share" but don't step back and realize that they don't care about anyone else's definition of "fair share".

Global businesses have labor, infrastructure, and markets outside of the US to degrees way beyond what existed a few years ago. They also have communication methods to manage foreign operations (which are usually foreign corporations which gives the US very little if any say). Other countries give them good tax deals in order to get them to move operations to those countries. And those countries want jobs as much as (or more than ) the US so it's in their interest to provide legal protections from US taxes.

I'm not talking about sleazy island tax havens or some of the bogus purchases/mergers to avoid taxes. I'm talking about when a global business truly wants to grow and has different countries "bidding" on their location. How can we work with them to choose to grow in the US? Tariffs may "offset" the loss of jobs, but we aren't near the majority of world economy and are getting smaller every year - so they are balancing tariffs into the US vs corp taxes everywhere else in the world. So it's no good to tell them they can grow somewhere else and we'll make it up in tariffs.

Printer Friendly | Permalink | Reply | Top
 

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC