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Originally Posted by Kanadesaga
No, I think corporations should pay for exporting jobs out of the country. I think they should treat other countries as our own and use the safest and cleanest technologies when they do employee in other nations. I think they should pay their fair share of taxes, not hide them in off shore company accounts and that bullshit. I think their employees should get health care before their CEO gets that next million dollar raise. Call me silly.
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okay...separate discussion
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You typed economic Theory.
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No actually it's finacial FACT...A company will take on a debt/equity structure that produces the lowest WACC(Weighted Asset Cost of Capital)
Which the formula looks like this...
Weight of debt * (cost of debt * 1- tax rate) + weight of equity * cost of equity.
wd(Rd*1-t)+We(Re)
So plugging numbers into that equation...the higher the tax rate the lower the cost of debt is going to be.
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Nevermind Profit is god. Nothing and no one else matters, just the holy stockholder.
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overly simplistic and completly rhetoric
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The consumer has been screwed fopr a long time, so has the American taxpayer. But fuck them, right? Profit is god, all hail the holy stockholder.
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I'm saying that is what you'd be doing.
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So how's your reality? Mine and millions more sucks. $4/gal gas, $3 gal milk. Mortgage foreclosures, etc etc etc
In my reality, corporations, like UBS and their gov't criminal accomplices, like Phil Gramm, are responsible for most of the bad shit happenning right now. Oh that's right, Profit is god, all hail the holy stockholder.
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And....pointing out the cost of goods doesn't prove a thing....