Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Of course. Any system based upon aggression, violence, and coercion of some upon others, whether it is anything from "democracy" to "communism" to "dictatorship" requires widespread slavery and abuse of some for the benefit of others. Any collectivist/statist system requires barbarity on a large scale to crush the individual to conform to the fictional collective or State interest...
Whenever a corporation is assessed with a higher tax rate or a new type of corporate tax, a corporation may not have another option to increasing prices. Corporations need to earn profits in order to meet obligations, perform research and development as well as expand their businesses and potentially employ more people. However, whenever government agencies increase the amount of taxes to be paid by a corporation, most companies will try to maintain current profit margins by increasing the price charged to the consumer.
You're exactly right. Lower profits to shareholders? Nope. Not ever. Frankly I am stunned how many people either don't know this, or chose to lie about this in order to move their agenda forward.
Congratulations! You have finally seen your way to the fact that income inequality generated by structural un(der)employment in the middle class is a problem and requires wealth redistribution. We finally agree on something! All those manufacturing jobs that went overseas to China - that was capitalism at work in a global market! Why would smart rich CEOs not put their capital where they get the biggest return, right? On one hand, you dismiss calls for wage assistance to struggling Americans and defend CEOs, but on the other hand... well, at least it seems your heart is in the right place now.
But let's talk about the way you want to go about it. Those tariffs and trade protections - which, again, are a government-imposed redistributive tax - are really not the best way. Why? For one, they will target the beneficiaries of the redistribution too narrowly. These things end up being enacted for just specific products and industries, so you'll all be paying higher prices to go to the pockets of only select slices of American workers.
But there is a bigger problem with it: the fact that soon, not only is the American worker not going to be needed, but neither is the human worker - in any region. Automation has already cost arguably more manufacturing jobs than outsourcing originally did, and technology is only going to keep growing. Silicon Valley and the Tech industry is hard at work on AI, and big strides are being made. Siri, driverless cars, cloud technology, virtual reality...all these things are the foundation upon which the world's most dominant companies are very doggedly and specifically working to create artificial intelligence. And it will come, and it will take more than just blue-collar jobs with it.
So your tariffs won't help there against robots. What will be needed is a broader redistributive tax. Simply put, the future is that robots will do most of the work, and the majority of use will all find ourselves on welfare - you may laugh or scoff at it now, but universal income and wealth redistribution is going to be the only way to go. The pie is going to have to get redistributed somehow, unless you think that only Trump and a handful of others should get to eat and live in houses. Once you see your way to this, you will find that you are, in fact, "socialists" - but it's ok, you're already finding your way to that title now...took a while, but I knew you could get there.
Sincerely,
An Evil Socialist
Wealth is NOT Distributed (Welfare is). Wealth is either EARNED or it is NOT. If you don't like the results, tell those on the "thin" side of the stick to get off of their asses and onto their fee, get out of the shade, and into the heat and start earning their own damn wealth.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
