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You don't get it. Any so-called "tax break" to corporations is a savings to the end consumer. If you can't understand that, you don't understand economics.
Businesses already charge what they could charge. If there was any room for price increases, it would have raised prices already.
From what I recall of the posters previous comments, they actually know computer programming. They could work during the day an dthen do their programming at night for extra income until they work their way up.
Its not at all difficult to work your way up from minimum wage. 97% of the nation does it, and if you're in your 40's or 50's and doing it.. its no one elses fault but your own.
Gods...who would want complete equality? That would suck. What I want is LESS inequality. That doesn't mean I want equality either in wealth and income. I'm unsure why everyone keeps thinking that the people they disagree with on this want that.
Look...theres a line somewhere between dying of thirst, and drowning. Income and wealth inequality are like that. Too much inequality, and we get a lot of nightmarish scenarios, and our economy stops being functional. I think we're closer to that then we should be. Too little and you ALSO get nightmarish scenarios and our economy stops being functional.
The only way to address income and wealth inequality is to incentivize competiton as much as possible through the tax code, but everytime we do that, left wingers go bonkers shouting "welfare for the rich".. Its only through increased competition for labor, that true wages as well as benefits need to be raised in order to entice the best employees.
Only through free market capitalism with lots of competition, can wealth be capped because competition reduces the profits. When person A starts to make a fortune in a field, competition will come along and compete thereby lowering their profit margins.
What exists now, its no shock we're seeing the results, and its not pretty.
But other phones have come into the market at a much lower cost. Hipsters buying a product for style points is outside of a normal business model. Most products are fiercely competitive with a make smaller profit margin where a tax change can either 1. Raise price or 2. Cause the product to no longer be sold in the same quantities which leads to a loss of jobs because people are not willing to pay a higher price for a product.
Fiercely competitive? ..hmm maybe not so much. It costs 90 cents to make a pair of cheap jeans in Bangladesh, those are the kind of jeans that you see in Walmart, Target, Sears, J.C. Penney- usually store branded or made for the store by a company like Wrangler. The price in those stores for virtually the same pair of jeans is $19-$25. Even if those stores were paying 30% in tax (and I can just about guarantee they aren't) there would still be a bunch of profit in those jeans. So according to you, those stores would all have 'rollback' sales the day their taxes dropped and drop the price of those jeans? NO, they won't to do that because they don't have to. 90 Cents: The Cost Of Safely-Made Jeans In Bangladesh | Here & Now
You know where 'fiendishly competitive' comes in? Our small businesses, the restaurants where you enjoy dinner, or the local hardware store or lumber yard or neighborhood grocery. Those are the companies we should reward with low taxes, not the likes of Apple, or Walmart, Target or any of the Corporations who paid no income tax in 2014 15 Fortune 500 Companies Paid No Federal Income Taxes in 2014 | The Fiscal Times
You totally misunderstand wealth. Hoarding has no impact on what lower income people can make.
The cornerstone of a developed society is free trade.
I wonder how many hundreds of thousands of americans are glad Warren Buffet or Bill Gates has the ability to hoard their wealth. Without it, they wouldnt have jobs, some of them very well paying jobs...
The only reason most people that weren't born into money obtain extreme wealth is because our government allows them to, so if they want a chunk of it back then so be it.
Yes, I'm sure Bill Gates is so thankful for the governments permission to obtain his wealth..
I wonder how many hundreds of thousands of americans are glad Warren Buffet or Bill Gates has the ability to hoard their wealth. Without it, they wouldnt have jobs, some of them very well paying jobs...
That is just a guess, a very wild guess, you have no idea whether their 'cash hoarding' has any effect on their employee numbers. Let's try to keep it real, ok?
Those patents non-compete clauses and others (I signed at least 5 more such agreements when I was put on disability) are all designed to keep the exceptional Joe from competing not the average Joe!!!
Be serious who worries about the average Joe in corporate America.
I really liked the one baring disparaging comments about the company's management, service dept, products etc.
Many of those non compete clauses have been ruled illegal because one cant limit their ability to earn a living or their right to free speech. Dont quote me on this, but I'm pretty sure there have been numerous rulings to this effect.
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