4 ms·
I don't think wealth is zero-sum. That doesn't mean that wealth cannot be transferred. In this case I believe that international companies and Bermudians gain a
by po 15y ago
I don't think wealth is zero-sum. That doesn't mean that wealth cannot be transferred. In this case I believe that international companies and Bermudians gain and the average US taxpayer loses. I am more sympathetic to the average US taxpayer. I have no idea what the sum is.
You seem to be arguing against an idea of what I am saying rather than what I am saying. Let's just agree to disagree and leave it at that.
- he78 15y agoThat's simply not the case because U.S. taxpayers can buy goods and services at cheaper prices. Sure, they might lose out on tax revenue, but their consumption -- and accordingly, standard of living -- grows because they can spend more on more goods. GDP grows as a result.