Quote:
Originally Posted by BFT3K
So US corps hiding loot outside of the US, and not paying taxes to the US govt for this hidden revenue, helps the US economy how?
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well... one could ask the opposite... how did the economy continue to grow through the last century with all these things being possible, with tax havens being used and with less legislation against these things 50 years ago than today?
again.... all you can do is create the most attractive climate possible. you can't force companies to be successful. you can only create the conditions that encourage, embrace and reward success. you can't punish success.
there are negative consequences to higher taxes.
there are positive consequences to lower taxes.