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https://xkcd.com/1053/ https://xkcd.com/1053/ Today you get to learn about: American Exceptionalism! It is important to realize that, within the US, there is
by saalweachter 11y ago
https://xkcd.com/1053/ https://xkcd.com/1053/
Today you get to learn about: American Exceptionalism!
It is important to realize that, within the US, there is essentially a universal belief that the US is the best place to live, work, or be in the entire world. The debate is not so much whether the universe revolves around the United States, but which city exactly the axis passes through -- New York, DC, San Francisco, LA. It is very important that a universal axis has a commonly used two letter acronym, which is why not even a Chicagoan seriously believes the axis is through Chicago.
When the EU makes privacy complaints against US companies, the common perception -- even among US citizens who disapprove of domestic spying programs -- is that something is wrong with the EU. The idea that the EU could be right to hold a US corporation accountable to their laws never even occurs.
No American could ever conceive of establishing the HQ of a US corporation outside the US -- except maybe as part of a skeevy tax dodge. The US is the best place in the world to live, work, and run a business. Why would you want to go anywhere else? To be fair, most of the US companies that do establish some sort of off-shore setup are engaging in some sort of skeevy tax dodge.
- MichaelGG 11y agoI mean I know a lot of "common" people believe that - I've lived in the US in the past. But I thought once a lot of money was on the line, reality or cynicism would set in.
- saalweachter 11y agoIf money cured bias we'd probably live in a lot nicer world :-)
- RaleyField 11y ago> No American could ever conceive of establishing the HQ of a US corporation outside the US Maybe incorporation in US really is better, at least for US citizens. It's easier to deal with local courts than foreign courts. If your European subsidy runs afoul of some regulation in a major way then they probably can't take your assets from your US based parent company. Then US is arguably more business friendly in many ways.
- RaleyField 11y ago> No American could ever conceive of establishing the HQ of a US corporation outside the US Maybe incorporation in US really is better, at least for US citizens. It's easier to deal with local courts than foreign courts. If your European subsidy runs afoul of some regulation in a major way then they probably can't take your assets from your US based parent company. Then US is arguably more business friendly in many ways.