Quote:
Originally Posted by GGG
I think it is important that these issues are discussed publicaly and it is good that Congress is investigating these things. Public shaming and giving the consumer the power to choose where their dollars go is important.
We also know that Congress won't change anything to close these loopholes as it is large businesses that exploit the loop holes that pay for the election campaigns of both sides of Congress.
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Public shaming won't work at all. Shareholders won't stand for a company that pays additional billions in taxes than it has to under the law because the 'fair share' crowd is outraged. Consumers won't care in large enough numbers to affect profitability so long as their products are still desireable. The only solution is to reform the tax act, but even then there's nothing stopping foriegn governments from providing loopholes for multi-nationals to exploit.