5 ms·

I think you are missing basic principles of economics. Your arbitrary cap on income would move companies and jobs to countries free of weird policies like that.

• ZenoArrow 11y ago
  If old companies move, new companies would spring up to take their place. The reason this would happen is because the demand is still there. People don't stop buying clothes just because a clothes shop stops trading in their country.
  • douche 11y ago
    They do if the industry leaves, and the wealth creation that that industry provided dries up. Look at the Rust Belt.
    • ZenoArrow 11y ago
      > "Look at the Rust Belt." http://www.thedailybeast.com/articles/2014/12/07/the-rustbelt-roars-back-from-the-dead.html http://www.thedailybeast.com/articles/2014/12/07/the-rustbel...
  • dinkumthinkum 11y ago
    The people in the Cayman's will successfully fulfill that demand, I don't really understand that point.
    • ZenoArrow 11y ago
      Explain how.
      • innocentoldguy 11y ago
        Take a basic economics course.
  • innocentoldguy 11y ago
    Why would they? If you knew that the potential rewards for a given business risk would be stolen from you via the government, why would you bother taking the risk in the first place?