Submitted by Scarlet_pot2 t3_119p5js in singularity
Nanaki_TV t1_j9pev1l wrote
Reply to comment by Falkoro in Bernie Sanders proposes taxes on robots that take jobs by Scarlet_pot2
So the money sits overseas and not returned to the US economy as the company does not want that money taxed. They'll use it to finance loans and purchases in other countries then ship products back. There's always a workaround. Let the money return to the US or better yet, don't incentivize the companies to go offshore.
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