@kaptainwalcott@mastodon.social

While I'd personally love for something like that to work I dont think it would. Simply preventing companies from leaving at best slows the problem doesnt stop it. New companies stop forming in the USA and will form elsewhere. Investors wont continue to invest in american companies. And the companies forced to stay will refuse to pull in their overseas money to growth and instead start using their funds to improve the over seas office.

Over time it may take longer but the companies still leave. Which is also why i thought trumps plan wasnt effective.

I also dont think in general increasing taxes on the rich is needed. They are already insanely highly taxed. Thought we could use some fixes on the tax laws so they dont evade as much. For me poverty is a real problem but redistributing wealth to ever greater degrees isnt the best solution. For me I'd solve it through free education and focus on getting the poor educated and marketable. But thats a level of welfare most dont support (free higher education)..