General Discussion
In reply to the discussion: Why would a business owner expand and hire if he/she can't make more money? [View all]nanabugg
(2,198 posts)Ever heard of the "company store."
The wealthy elite (either inherited, embezzled, scammed, or earned from investment) own the company store. They own the buildings and infrastructure that businesses use (and the rent they charge is TOO DAMN HIGH, the fees for garage and building/mall services are TOO DAMN HIGH. Most of these folks are dual or non- citizen owners and stock holders who use our current tax system, with its huge business subsidies and tax write-offs to actually pay little or not taxes. They cry about our high tax rates on businesses compared to other countries but numerous studies have shown that the ACTUAL taxes paid by businesses in the US are comparable to the taxes paid in other countries. The BIGGEST difference is actually wages and benefits paid to US workers. So these uber wealthy business owners and corporate elites, rather than pay decent wages with decent benefits choose to take their profits and companies outside the US where they can pay slave wages and practically no benefits to poor workers. When these workers begin to ask for better wages and benefits they do what they did in Spain and France...close down and go elsewhere. Leaving migrant workers in their countries in squalor, angry, protesting, and poor. Because the large corporations and big businesses are able to do this, the really small businesses are left paying the real tax margins that make it difficult for them to thrive without significant help from the government.) Well I am getting disorganized in writing this because it makes me angry...but you get my drift. It is much too complicated point out every little detail of what I know about how businesses operate in this country. But there are TWO things that this country needs quickly from the Dems if they are ever able to be in control of things again:
A reformed tax system that eliminates the huge tax breaks that big businesses get even though they move their businesses off shore to avoid paying the little taxes that are left.
A standard, national election system with standard voter registrations and rules that apply in all 50 of the states. The states can do what the hell they want to do for their own state and local elections but the election of the President, Vice President and Congress should have a standard election process.