Quote:
Originally Posted by smileyman
I'm not the least bit concerned with any companies survival. Only the countries survival and protecting our place in the global economy.
Simply, the company pays US workers who are taxed on their income. Then the worker buys goods and services, paying taxes yet again. If they dont earn, no amount of increase in their stock portfolio is gonna make up the difference and the wheel stops rolling.
Foreign workers dont pay us taxes, foreign workers dont spend there money here. US Corporations move their manufacturing out of country so they dont have to pay taxes, infrastructure costs and get cheaper labor. Meanwhile they dodge tarrifs by being 'an American owned subsidiary'. They take more out of our system than they put back. So that to me is greedy and irresponsible.
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I love your wisdom...
Does that mean I heart you? I sure hope not.