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In reply to the discussion: Why do we tolerate mega-wealth? [View all]joeglow3
(6,228 posts)36. Corporate economics are much more complex than that
The US is one of a handful of nations that taxes worldwide profits. It also has the highest corporate tax rate in the world. Make those rates even higher and you will see companies moving their corporate headquarters overseas. This is costly enough that you wouldn't see it all on day one, but that would only make sense when they could save hundreds of millions (if not billions) every year simply by moving their headquarters to a different nation (Canada or Mexico).
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Social conditioning in regards to capitalism and the American identity.
go west young man
Mar 2014
#1
But we didnt' used to "allow" it. The tax rate was very high on the wealthy
mountain grammy
Mar 2014
#42
Because enough of us think we'll have that much wealth "someday" to carry it on
Recursion
Mar 2014
#3
News flash: actual politicians are as disappointing to third way activists as they are to liberal
Recursion
Mar 2014
#33
sorry I totally missed your point .. What has 3D printers got to do with anything? unless
srican69
Mar 2014
#45
The Oligarchs, Corporations And Banks Own And Control The Politicians That Own And Control Us
cantbeserious
Mar 2014
#32
And, the Bill Gates Foundation is trying to dismantle public education...
WhaTHellsgoingonhere
Mar 2014
#49