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This is, of course, absolute hogwash. If it were true Silicon Valley would have been built in a low tax, low regulation state. Blue state regulations and taxe
by phonebanshee 7y ago
This is, of course, absolute hogwash. If it were true Silicon Valley would have been built in a low tax, low regulation state. Blue state regulations and taxes are what enable technology companies, not the other way around.
- remotecool 7y agoThe direct result of Blue state regulations and taxes is rich and poor. The middle class is shrinking rapidly and will eventually be gone. This isn't an example I would use for the rest of the US. How exactly do taxes and regulations enable these companies? Most of these companies outright ignore regulations and incorporate in Delaware to get around some of the ridiculous taxes. Taxes and regulations only serve the rich and will keep out smaller companies that don't have the resources to compete or attorneys to get around regulations. Left-leaning people usually dislike big corporations, yet ironically support everything that keeps them in power.