klaudius
Joined 8 years ago
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Joined 8 years ago
It's not as simple as saying that government support is the key since there are many cases where it didn't work.
source: https://www.investopedia.com/articles/stocks/08/buffett-best...
Big Tech should be locating large employment centers in strategic locations around the country. And by strategic I don’t mean where the talent, resources, or customers are located but rather where influential Congresspeople, Senators, and Governors are located.
I thought this was one of the problems of a Soviet style command economy. They would locate production not where it was more efficient and made economic sense, but where it was politically more beneficial.If these companies start doing this they could lose to more efficient competition. Hope they aren't that stupid.
Companies have to pay value added tax in the country they are selling their goods and services in, but their income tax is paid in the country where they are based.
https://philip.greenspun.com/blog/2016/11/30/long-term-effects-of-short-term-free-cash-guaranteed-minimum-income-experiments/
So you are right in saying that in a world of starvation rich people should be an aberration. That is to be expected.