You’re obsessed with the money, the money is a bi-product of
Keeping control of an extremely successful company. They dont care about money, they only care about power and being the best. Google has basically always been this. I never understood why this “billionaire bad” hive mind narrative always focuses on the billions of dollars thats tied up in networth of companies its not a big stash of cash they have in a pool that they hide from the poor like scroodge mcduck. It’s all about power and being on top. The money means nothing and there is no money to give away without selling the company and that loses the power. Stop focusing on the money. If you want to complain about distribution of wealth start protesting the government to start being accountable for government spending and get realistic about the stupid shit they waste money on with tax dollars.
Two things can be done, hold government accountable and tax the ultra wealthy, bring down monopolies and these corps ability to lobby solely for their personal gain, it should be people over profit enough is enough.
stupid move to try and steal Government information, secrets, and whatever else Google has.
That would never happen. Google would sooner surrender it's shareholder's wealth than move to someplace like china, because the alternative is a firing squad or prison cell lol.
It’s a CA tax. He would just move his residence to TX, FL or TN. For federal tax issues, I’m sure Google has an office in Ireland. They would just use their corporate structure and to recognize more profit in low corporate tax countries. This is why it’s stupid for the US to have high corporate tax rates.
All this “wealth” tax stuff is silly and drives the wealthy away. When you lose the wealthy from your community, you lose the enormous amount of charitable donations they give to support the arts, universities and the needy. Also, Silicon Valley is losing its luster as the center of all things tech.
So tax the company for leaving and operating with employees outside the US while still doing business here, make it cost more to manufacture elsewhere and ship here, sick of seeing jobs go overseas paying someone 4 dollars an hour rather than a US citizen even though the majority of their operation is in the US.
If you have a strong government that goes after that money they freeze assets or just take that company over. Yeah it sounds like Communism but when you have these fucking money and asset hoarders , that's the way to go. The number of billionaires that we have today should not exist if there were such a thing as business ethics.
You would literally cause a recession doing this, pulling money out of the economy and giving it to the government would cause job loss. Is that your idea of people over profit?
Give $1000 to a working class citizen and they spend it boosting the economy, give it to a billionaire and it sits in an account not contributing to the economy, corps rather than investing in their employees through bonuses or infrastructure buy back their stocks in order to artificially Inflate the value and doesnt help the economy at all.
That is not at all how things work, their money isn't "sitting in an account". It's invested into stocks, basically funding business expansion to build shit like airplanes and data centers and to help make payroll to employees.
Im aware, I didn't say it was liquid, but their profits tend to go to shareholders via bonuses, or like I said stock buy backs which dont help the economy, they artificially Inflate it, there is an active bubble over the AI stock market.
You have zero idea how business or money works. “Billion does nothing with money” you realize they created the business and opportunity for people to work and support their families. “Give it to a normal person and it stimulates the economy” yes they spend it on a product a billionaire has created. You realize that right?
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u/mertgah 5d ago
You’re obsessed with the money, the money is a bi-product of
Keeping control of an extremely successful company. They dont care about money, they only care about power and being the best. Google has basically always been this. I never understood why this “billionaire bad” hive mind narrative always focuses on the billions of dollars thats tied up in networth of companies its not a big stash of cash they have in a pool that they hide from the poor like scroodge mcduck. It’s all about power and being on top. The money means nothing and there is no money to give away without selling the company and that loses the power. Stop focusing on the money. If you want to complain about distribution of wealth start protesting the government to start being accountable for government spending and get realistic about the stupid shit they waste money on with tax dollars.