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160
Joined
2 yr. ago

  • Well. Amazon didn't make a profit for a long while. Maybe still not? EBITDA? Idk their current numbers, but I'm assuming there's a lot of Hollywood Accounting happening.

    I think closing those types of loopholes is the place we should start. Circling around: these campaign promises are easy to make, hard to keep.

    It requires knowledge of accounting, economics, law, tech, politics...few people, if any, have that breadth of knowledge and connections.

    I would be impressed with a politician if they had a solid how on these items. Otherwise: talk is cheap.

  • Thanks for the reply! Would this work for tech companies? Biggest part of our Sp500. They're mostly "in the cloud" right? So it's pretty easy to move. And physical resources they leave behind would just be some data centers or whatever

    Would love to see the video you mentioned if you can find it

  • Thank you! I like this.

    To be clear: I do not think we should do nothing. That was not what I was trying to suggest. I've just been around a while and seen this type of promise before. I am worried that some people are maybe over optimistic about these types of promises and how it might play out.

    Re: your last paragraph: would you be willing to pay more for goods or have US based companies perform worse in your 401k? (I do not have any money in my 401k to be clear I'm pretty poor, but I know that people care about that 😂) I will continue being negative and assume they'd pass that cost onto us

  • ::: spoiler Title

    :::Unless there is a global minimum tax this will just move headquarters to Ireland or whoever is cheapest. This type of stuff is just to get votes. Sorry to be a negative Nancy 😕

    If you disagree pls explain why. Genuinely interested in learning. I promise to discuss in good faith. I am also not an expert on most things. Just a person who has had some experience in broken promises 😉