@princess the problem with eating the rich is that would kill the economy and hurt small businesses

A better alternative would be audit the rich and audit the feds

Though I am for privately lifestyle and don't think people need to give out personally information on their lives. I do think audit of huge companies like Wal-Mart and amazon should be audit

Because those companies in most cases have a monopoly on a lot of product

@NobleBeing mega corporations hurt small business

We had more growth and equitable distribution when taxes were higher

Here's the problem of you keep taxes high on the rich they will leave with their businesses

That's why I think audits would be safer and more economic

High taxes is the reason why businesses left for China and Mexico

And if you keep taxing the rich they will just keep their money offshore

Then audit them

This is what a wealth tax lets you do

And no, high taxes are not why companies left for China and Mexico

Most of the companies people think relocated to Mexico (auto manufacturing) actually relocated to the American Southwest

And the ones that did relocate did so for labor costs

Those companies are still based in the US, most in Delaware.

Taxes before the tax cut before Trump cut them for businesses were over 30% and in China was 15% some rich people were even buying more

That’s not an accurate effective tax rate

And taxes were higher in the 70’s when these fortune 100’s experienced exponential growth

Like Microsoft

Plus Medicare is expensive but in China and Mexico where the law doesn't require you to have it is cheaper to employ people there then here

So you’ve shifted your argument from taxes to labor costs?

They are one in the same

Canada has universal healthcare, didn’t you just say companies relocate to Canada?

Ok, so if the government gave everyone healthcare, that would be a huge savings for corporations right?

No because now you just increase taxes to the average person

Canadians get taxed way more then we do

Oh, so corporations don’t relocate to canada?

Because Canada has too many red tape and regulations to get anything done plus you get taxed heavily

That's why people come here because there is more freedom economic wise

Mhm, what industries do you think relocate?

Yeah except that higher corporate taxes increase investment

For obvious reasons

I would stay in America or Russia

Lol

Russia’s economy is terrible

What industries relocate?

O sorry I read that wrong I thought you were asking me

China had iPhone moved over there and gm I think also moved to china

That’s not accurate

Gm is think is moving back