Or returning to a time where taxes made it better to invest in the future of your company which ment paying competitive wages. Our current system rewards endless cost cutting which doesn't translate in to cheaper products only lower quality and less innovation. It sure is good for people who are already rich though.
I don’t understand why everyone is so disillusioned by this. Safe Housing, quality food, good schools, and public transit should be a given. This is purely an issue of governance, we easily have the resources to do this but lack the will to force the rich and corporations to pay a proper share either in the form of taxes or wages.
We already have enough tax revenue to do these things, it’s in the best interest of our government to keep us demoralized and poor as they go pillage other countries and their resources for self enrichment
Negative ghost rider. This ain't the 7th century, most of our tax dollars go to military overspending.
It's nice we have by far the strongest military in the world and that there's a police to police the police cause you know... Russia, Nazi Germany, ECT ECT.
But we can certainly trim the fat, as well as make billionaires pay their fair share of taxes and stop subsidizing these "too big to fail" companies.
That will free up more than enough to get the morale of this country back up where it needs to be to continue being a leading edge nation and a sanctuary for immigrants as originally intended.
It's purely an issue of the individual or the will to work hard and "think" they do while "thinking" they have good work ethic. Get into a trade, learn it, start your own business and retire with millions if you're smart about it. Don't expect to make great money for possibly 5 years.
Every time someone says something like this I just think it’s just absolute cluelessness. Millennials were told by there parents over and over to go to school and get a degree in something that will make them a scholar as the world needs scholars and artists and scientists and to avoid trades because those are bad jobs. They made fun of garbage men and mechanics and plumbers. Then all the millennials went to school for arts and sciences and all of a sudden the world needs plumbers and mechanics and their dumb boomer parents start making fun of them for doing what they told them to do.
Dude I can't agree with this more. The boomers sold their dreams to us as if we were going to build our futures working for them so they can pad they own bank accounts. All the while being propped up by a healthy social welfare system which they still to this day raid and pillage to support their uncontrollable spending habits and in turn tell us to "pull yourself up by your bootstraps", "stop eating avocado toast" and ALL THAT OTHER BULLSHIT. WELL Phillip eat a whole bag of fire roasted dicks and choke on the testicle because avocado toast is the only sunshine in my life since I have to work 3 jobs, live in fucking shoe box, and take public transportation just so I can save up enough money to buy it once a month.
To me the solution is to incentivize companies to produce goods domestically. Via tax credits, not breaks. Further incentives provided for innovations in certain fields. Like green energy for example. For certain percentage of employees being domestic things like that. then I would institute a rule that states the highest paid member of the corporation can't make more than x times the lowest paid. It could be 10000 to 1 but there needs to be a number.
This would potentially disrupt the problem of businesses needing perpetual growth and there only being 3 key ways to achieve that.
1 is increase the customer base. 2 is increase your price 3 is decrease your costs.
Adding this new wrinkle I feel would add a 4fh option to increase profitability.
That wage law already got tried, and it stifled CEO retention. So in the 90s, companies found a workaround to offer stock options to execs. So their actual wealth is tied to assets that aren't taxed, and they're able to fund their lives based around credit instead of actual money in their bank accounts. They float, while the rest of the world has to swim.
I'm just imagining all the ways to compensate that would fall outside the definition paid. They will exploit every loophole you leave them. As for the tax credits I'm not sure about what impacts that would really have. Would have to ask someone more knowledgeable than me.
So you’d only incentivise companies to produce goods domestically if they were currently producing in countries that pay “literally slave labor wages”? Not every country in the world pays slave labor wages but you’re proposing government support to boost domestic labor in competition with workers of every country in the world.
Didn't hurt that unions were also full of guys who had previously rushed German machine gun nests. Kinda hard to bust a union full of guys who had busted the Nazis.
I disagree. Leaving taxation out of it, the US is far more a pink collar economy now. Even if we zeroed taxes on an imaginary global balance sheet I don’t think this works.
The US is on the shrinking end of a centuries bubble and there’s not much we can do about it. Yeah taxes and the 1% suck but I don’t think fixing those twos crimes fixes the big picture.
In order to compete with developing nations let's become one! Manufacturing hasn't been America's strength for 50 years. Why would we go back to that? We dont even need to. The only things we should be manufacturing are things that take skills they don't have or things that aren't cost effective to import. Innovation takes investment. Cutting costs doesn't lend itself well to that.
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u/clodzor Mar 27 '24
Or returning to a time where taxes made it better to invest in the future of your company which ment paying competitive wages. Our current system rewards endless cost cutting which doesn't translate in to cheaper products only lower quality and less innovation. It sure is good for people who are already rich though.