Quote:
Originally Posted by esspoker
America is a welfare state to a degree but taxes can always go up and up, which is what she wants. It's a bad move for GDP growth.
You don't understand basic economics. Bezos isn't taking profit from people, it's a willing exchange. He's growing the economy in proportion to how much he makes, creating jobs, adding value. He does pay taxes, as do sharefholders, as does the business. But if the gov't doesn't incentivize them to stay, amazon will just move offshore and pay 0 taxes.
You want the amazons of the world.
You don't want them out of the country.
when someone or corporations isn’t paying taxes , it is taking profits from people because who’s going to pay for it if not the people ?
Furthermore, trump for example spend over 1 trillions MORE than Obama in his first 3 years pre-Covid , now that is great for the economy right ?
And who’s gone pay it if not with higher taxes ?
Hint :
I am pretty sure expanding debts is worst than raise taxes but like you said , I know nothing about basics economics.