2 ms·
It is true yes - though it's also true that recently both sides of the aisle have been anti-labor. The trade deal renegotiations didn't focus on or accomplish
by munk-a 7y ago
It is true yes - though it's also true that recently both sides of the aisle have been anti-labor. The trade deal renegotiations didn't focus on or accomplish good changes to keep labour local and, while I'm not wholly against tariffs tax changes have wiped out any local investment motivations tariffs were supporting.
Lastly, the repatriation of cash was a loss for everyone - companies that skirted tax laws got a gift in being able to reclaim a lot of cash they had been unable to access due to dodging taxes while also paying a much reduced rate... And I think that action happening again so soon is just a clear signal to companies to avoid actually bringing any money into the country until they can get a tax holiday to get it in for free - it's like your kid eating the cookie jar and you saying "Well, I'm going to dock your allowance thirty percent this week... And I will refill the cookie jar but don't do that again!" - we rewarded these companies for skirting tax laws by letting them skirt some more tax laws while wagging a finger and saying "Naughty naughty!"
- linuxftw 7y ago> we rewarded these companies for skirting tax laws If it's legal, it's not skirting the law. > both sides of the aisle have been anti-labor No argument here. But if we're comparing the current administration to (recent) previous, it's an improvement.