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It's a bad thing because it would create dangerous precedence for the future when every rich corporation would start blackmailing US government as to avoid to p
by lubos 15y ago
It's a bad thing because it would create dangerous precedence for the future when every rich corporation would start blackmailing US government as to avoid to pay their fair share of tax. this would hurt US economy far more in long-term, you don't want to encourage this practice
Also, who cares about their trillion dollars... who gives guarantees this money will actually end up in national economy and not invested overseas with profits tied up in some off-shore country once again.
if America needs more liquidity in economy, ring FED. they will print just as much.