02-12-2016, 01:46 PM
Quote: Corporations are not people
Correct.
Quote:and do not make their own decisions.
Are you trolling, or are you truly that ignorant? Corporations have shareholders, boards, executives, officers and managers. The ultimate power lies with the shareholders. So these shareholders are the ri......... no.
https://finance.yahoo.com/q/mh?s=AAPL+Major+Holders
There is the most profitable corporation in the world. No person owns more then ~$100 Million worth of their stock. The top mutual fund, by comparison, holds about $11 Billion in Apple stock. Mutual funds are overwhelmingly funded by the middle class. Looking at the single biggest offender in the world of outsourcing for profits leads back to the middle class pushing for those decisions.
Taxing the rich for what now?
If you are using the fact that the middle class is part of the global 1%- which is the only way your argument is anything but laughable, then it comes back to why are you moving jobs overseas?
I'm not trolling, I just know what the fuck I'm talking about. The rich are doing what the shareholders tell them to do. That's a whole lot of the middle class.
Quote:Hiding behind the corporation and saying "not my fault" is an outright lie and anybody who does so should be jailed for at least 25 years in solitary confinement.
Remember the economic meltdown of 2008? Do you recall people screaming for jail time for executives for their failure to comply with their fiduciary duty? That was a popular line with the leftists/populists. You know two of the automotive companies in the US were involved in that collapse. You know what would have been the most fiduciary responsible thing for them to do? Move more jobs to developing nations.
Your side of the political spectrum was calling for sending people to jail not that long ago for not moving *ENOUGH* blue collar jobs overseas.
If you people had a fucking atoms worth of integrity, you would be pushing to reform the tax code to make it beneficial for corporations to keep jobs in their origin nations. Your country isn't as bad as the off the fucking cliff loony right wing Canadians with their rim job for corporations, but you tax corporations 25% less(10% absolute) than they are taxed in the US(although, to your credit, still twice as high as Canada). It is disturbing that you still tax people more then corporations, but I guess the understanding of economics is rather limited in that region of the world.
How about this- allow corporations to keep 100% of the employment costs of everyone making a living wage or higher in profit, tax free- while raising the absolute tax rate outside of credits into the 60%-70% range? The problem with making such a move is you would need to get the rest of the developed nations on board.