Sure, they can relocate. But you could structure the law so that you can’t sell anything then. Apple is free to leave the US and not pay taxes, but then they are not allowed to sell anything in the US, have any offices in the US or hire anyone in the US. Of course such a law would never happen. But it’s absolutely possible in theory.
But you could structure the law so that you can’t sell anything then.
So, why would they sell anything? What incentive does a corporation have to do business in a region where taxes are punishing? Why not just focus their efforts in Europe, South America and Asia?
It would be like Cuba. If you want a car, you can buy one… but it’s going to be a Franken-car built from the parts scrounged together from the last time there were car companies operating in the country.
They’d still be profitable… At the end of the day the workers create the wealth. All we’d be doing is putting that wealth towards what we collectively agree on before anyone can take it as profit. But, there’d still be profit left over.
Sure, they can relocate. But you could structure the law so that you can’t sell anything then. Apple is free to leave the US and not pay taxes, but then they are not allowed to sell anything in the US, have any offices in the US or hire anyone in the US. Of course such a law would never happen. But it’s absolutely possible in theory.
So, why would they sell anything? What incentive does a corporation have to do business in a region where taxes are punishing? Why not just focus their efforts in Europe, South America and Asia?
It would be like Cuba. If you want a car, you can buy one… but it’s going to be a Franken-car built from the parts scrounged together from the last time there were car companies operating in the country.
The incentive is to make a profit. It would just be enormous profit instead of an unimaginable one.
They’d still be profitable… At the end of the day the workers create the wealth. All we’d be doing is putting that wealth towards what we collectively agree on before anyone can take it as profit. But, there’d still be profit left over.