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The point is not that companies hiring workers overseas is inherently bad. The point is that companies rest on the infrastructure of society, they are only pos
by benreesman 1y ago
The point is not that companies hiring workers overseas is inherently bad.
The point is that companies rest on the infrastructure of society, they are only possible because of everything from the physical infrastructure of energy to the institutional infrastructure of courts and markets. These things are for the most part provided by the tax base in their home country. There are for the most part rules, laws, and norms about how much and what kind of economic activity must accrue back to the society that incubated and hosts the company.
Arbitraging those rules and norms to extract rents is not in general a social good.
- energy123 1y agoYou make a good argument that corporate tax havens should be prevented with policy.