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Trump announces 35% tax on companies leaving US

Sultan Of Swing

Well-Known Member
Oh, I know.
But in talking to people from other countries I have found that voters are more engaged and informed when their votes count so much more.
Tom
I think you may have just been speaking to engaged voters, rather than there being particularly more of them. :p

I don't see much in the parliamentary system that would make voters more engaged than the American system. Though I do prefer the parliamentary system.
 

The Emperor of Mankind

Currently the galaxy's spookiest paraplegic
It's worth pointing out that while I agree with Trump's plan to tax businesses that leave, I don't agree with his plans for further corporate welfare and deregulation. The financial crash that occurred here was either caused by, or exacerbated by reckless deregulation of the UK's banking industry under Blair.
 

Sultan Of Swing

Well-Known Member
It's worth pointing out that while I agree with Trump's plan to tax businesses that leave, I don't agree with his plans for further corporate welfare and deregulation. The financial crash that occurred here was either caused by, or exacerbated by reckless deregulation of the UK's banking industry under Blair.
I mean, it happened in America so not sure how UK policy affected it, though perhaps made the effects worse
 

tytlyf

Not Religious
The myth and disinformation is that companies leave because of taxes....the reality is they leave for low wages. It's all about greed.
 

illykitty

RF's pet cat
Not sure that would work if he does indeed put this into action because it's seeing the problem with a narrow vision. Yes, a lot of companies went abroad, probably to mainly make it cheaper and maximise profits. But also a lot of jobs nowadays is lost due to automation too. If anything, forcing companies to stay in the US might "bring them back" to the land but could speed up the rate at which jobs will become automated. Companies want things to be cheap for maximum profits. They may chose to replace people to continue to maximise profit instead of paying them a decent wage. Not sure what the minimum salary is (I guess it depends in each state?) but it's a lot more than they paid their workers in China, Bangladesh or wherever else.

I'm just speculating here, but I really doubt that it's going to work either way. Jobs aren't coming back, or at least not for long. People need to brace themselves and see what is happening instead of finding a scapegoat, and demand measures to be taken on a political level. Heck Obama has acknowledged this problem to some degree, other politicians need to follow otherwise they'll never solve this.
 

Sunstone

De Diablo Del Fora
Premium Member
But also a lot of jobs nowadays is lost due to automation too.

You bring up an important point. Trade gets blamed for the bulk of the job loss in the manufacturing sector, but that blame is misguided. About 85% of the American manufacturing jobs lost in recent years were lost to automation.

Still, trade deals might have something to do with suppressing wages in the remaining jobs. I don't know about that.
 

Sunstone

De Diablo Del Fora
Premium Member
Is America doomed to an endless cycle of disappointment and unmet expectations?

The fact so many people voted for Trump thinking he'd make major changes for the better would suggest that's a possibility -- should they never learn (and people don't usually learn).
 

jonathan180iq

Well-Known Member
The man's tweets mean nothing at all...

I do not understand why anyone cares what this dude's populace pandering messages say. He is not yet the President, as he has not been inaugurated. His cabinet and his appointments have mostly been filled but none of them, as of yet, have any power to do anything. They're names in a hat talking about things that they would like to do.

They have not proposed or written any legislation. They have not passed anything. They have not dealt with congress. They have done nothing... Nothing at all.

The reality of governing is much different than the ideas that one has about it. My friends and I sit and talk all the time about possible solutions to world problems... So what? Does any of that mean anything in the real world?


If you guys don't give a sh@t about my personal solutions to global problems, why on Earth should we give a sh@t what the tweets of a political internet troll who just so happened to win the presidential election?

None of it matters until it becomes real. And Donald Trump has a long history of saying things that never come to fruition. (ie, things that aren't real.)
 

Shadow Wolf

Certified People sTabber & Business Owner
It's amazing how quickly Trump supporters stop talking about Trump and start talking about Obama or Clinton.
Tom
It's like they are very desperate to blame Obama for something Trump gets to walk into, like Obama got to walk into the Recession, but Obama couldn't have left his predecessor in much of a better position. It's not like he's handing things over to Trump while there are two active war fronts being fought and the worst economic disaster in several decades. With the exception of the bombing IS we are at peace, the economy has recovered and improved, the national deficit went from way over $1 trillion dollars to around a-half billion without hacking away at social spending, and we've even made some significant progress with civil rights. It's not all perfect, but Trump just does not get a "blame Obama" card like Obama had over Bush Jr.
 

Shadow Wolf

Certified People sTabber & Business Owner
The man's tweets mean nothing at all...
They mean he acts more like an immature teenager who believes social media is the way to take up and resolve your issues, rather than dealing with them like a mature adult. His flame wars are highly inappropriate for anyone, they are considered bad online etiquette, and surely we can expect to expect more from the President, can we not? Do we no longer care about "class," and "decency," and "self respect?"
 

Underhill

Well-Known Member
I don't like it.
Create a climate wherein businesses want to be here.
Then no threats of punishment are necessary.

Like how exactly? Lower pay to $3 an hour? Get rid of environmental regulations so we can enjoy skylines like China enjoys?

Like it or not, he has a point. I think the carrot approach isn't likely to succeed.
 

jonathan180iq

Well-Known Member
They mean he acts more like an immature teenager who believes social media is the way to take up and resolve your issues, rather than dealing with them like a mature adult. His flame wars are highly inappropriate for anyone, they are considered bad online etiquette, and surely we can expect to expect more from the President, can we not? Do we no longer care about "class," and "decency," and "self respect?"
We do not...
 

Revoltingest

Pragmatic Libertarian
Premium Member
Like how exactly? Lower pay to $3 an hour? Get rid of environmental regulations so we can enjoy skylines like China enjoys?
Like it or not, he has a point. I think the carrot approach isn't likely to succeed.
- Eliminate corporate income taxes.
The shareholders pay tax on dividends received.
- Eliminate the portion of regulation which isn't cost effective.
- Streamline the ridiculous bureaucracies whose gauntlet we must run to get anything done.
Ever try to develop real estate? The years of wrangling & bribes necessary.....disgusting & costly.
(By "bribe", I refer to legal but still wrong extortion, eg, buying fashionable art, making donations.)

A common problem talking to lefties about economics is that they believe
that anything which benefits business comes at a high cost to society.
That's a dysfunctional lens thru which to view potential change & solutions..
There is opportunity for improvement, & the business perspective is essential.
 
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