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Following your suggestion, go ahead and tax US corporations at a very high rate, they GTFO as you suggest, and now US citizens have to pay either for an inferio
by eggy 11y ago
Following your suggestion, go ahead and tax US corporations at a very high rate, they GTFO as you suggest, and now US citizens have to pay either for an inferior, generic low-priced drug, or a high-priced one imported by the very same, once-US-based corporation that also supplied jobs to US citizens that are now also exported overseas. What Pfizer does with its savings whether for R&D or not, is not yours or the government's business as long as they are not doing anything illegal with the profits. If they didn't invest in R&D or maintain competitiveness and their profit margins will go down. Eliminate any government subsidies and corruption that may enable them and other companies to escape market forces and it will take care of itself. Central planning - no thank you.
- toomuchtodo 11y agoYou're free to your opinion in the same way a government is free to not enforce any "intellectual property" rights a corporation may attempt to exert.