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In reply to the discussion: The One Question that will stump ALL your Republican friends... [View all]fasttense
(17,301 posts)Of course there is NO shortage of capital. That 1% is hiding billions, like Romney does, in foreign banks.
If the US is just so awful and business-unfriendly then why do we have a $114 Billion Trade deficit???? The highest in history.
Why is the Great business-friendly Communist China selling most of their products here in the US, if as you say the US is just so awful to businesses????? Let's stop buying Chinese made products and see how long China remains business friendly.
Did you know great swaths of China are constantly shrouded in smog and thousands of people die from pollution every year?
Did you know that people in Communist China are committing suicide by the hundreds because of the sweat shops they are forced to work in?
The US has the LOWEST EFFECTIVE corporate taxes in the world. Yeah, the Chamber of commerce claims it's 35% but the real effective rate, the rate that corporation actually end up paying, is in the teens. And many, many, many corporations pay zero taxes but AND get refunds too.
Yeah we should be more like China a Totalitarian Nation that will jail you if you goggle the word democracy. Your idea of business friendly fits better in a dictatorship dreamt up by Stalin then in a democracy. Giving up freedom for a job is not my idea of living.