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Because a Californian individual and a California based company pays federal taxes which leads directly to a more stable financial situation for the country you
by ConfuciusSay 11y ago
Because a Californian individual and a California based company pays federal taxes which leads directly to a more stable financial situation for the country you live in, not to mention a higher likelihood of tax cuts etc.
Also, what evidence do you have that trade with Chinese will improve the welfare of those around you?
- netheril96 11y ago> Because a Californian individual and a California based company pays federal taxes The jobs mostly affected by the free trade are low skill and therefore low wages jobs. Those jobs barely pay any income taxes.
- ConfuciusSay 11y agoNot true, the study references both low skill and high skill jobs. Not to mention there's corporate taxes and other revenues that the government receives that they wouldn't otherwise from a foreign company.