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> so some slice of the pie is better than none. That's a run to the bottom. Where's the limit? The USA is already lacking in education, health care, and infras
by kartan 9y ago
> so some slice of the pie is better than none.
That's a run to the bottom. Where's the limit? The USA is already lacking in education, health care, and infrastructure. This is only going to make the problem worse.
> If it creates 10,000 local jobs, those 10,000 jobs are still going to get taxed. So the locale is going to get money, just not from the corporate tax.
If those jobs have been created in another state without the tax cut they would have gotten the corporate tax and the local jobs taxes (both of them). So you can see it as one state stealing the job taxes from another state at the cost of giving back the corporate tax. One state loses, another wins. The USA as a country just loses because what one loses is bigger than the other wins (being the difference the corporate tax). Only the corporation gets a positive outcome. The country is now in a worse situation.
- rayiner 9y ago> That's a run to the bottom. Where's the limit? The USA is already lacking in education, health care, and infrastructure. This is only going to make the problem worse. The U.S. spends more on education per student than any OECD country besides Switzerland. Even leaving out military spending, it spends more overall per capita than Canada and still doesn't manage to provide healthcare. NYC spends 2-8 times as much as European cities to build a mile of subway. Our problem isn't that we're not taxing Apple enough.