You Can't Be An American Company Only When You Want a Bailout

[Donkees]

[Trust Buster]

1. Sanders might not like it but the government cannot legally stop corporations who wish to invest

overseas.

[Kittycat]

2. "Invest overseas" and we can't really help them out of they

Aren't investing in this country. Where do they think the money came from for their bail out?

Without jobs, we don't buy anything nor pay retail or local/state/federal taxes.

[Trust Buster]

3. I don't like these corporations seeing themselves as multinationals instead of U.S. corporations

either. But, the government cannot legally stop corporations from investing overseas.

[denbot]

4. We can sure as fuck hammer them tax wise, and/or create a US Company out sourcing Tariff.

And hammer the fuckers for out sourcing US industries.

[Trust Buster]

5. The current political pressure is to lower corporate taxes. I don't think we'll see tariffs.

[denbot]

6. The current political pressure is push back on a rigged system.

Change is a foot.

[Trust Buster]

7. Not at the Congressional level. Al, the talk there is about the degree by which corporate taxes will

be lowered.

[PADemD]

8. Zero taxes, zero bailout.

Any company that pays zero taxes should not be eligible for a bailout.

[DetlefK]

9. That's nice in theory. But in practice they will be bailed out anyways.

If jobs are on the line, or if a billions of dollars are on the line, the US-government will bail them out. And they know it.

I see only two practical remedies:

1. Break up corporations that are too-big-too-fail.

2. Remove the legal and financial barrier between the corporation and it's leading employees: If they are good enough to make a fortune when the company is doing great, they are good enough to lose a fortune when the company is doing badly.
If a company goes into bankruptcy or needs a bail-out, all the money the leading employees have earned from that company (including wages, bonuses and other forms of payment, but accumulated over a time-span no more than 10 years prior, and only accumulated while holding positions of manager or higher) has to be returned to the company.

[Hiraeth]

10. Thank you!