Earlier quoted context omitted.
Is it really fair? That rich people benefit from the laws and protections of the U.S., without having to deal with the corruption and laws of India. But they can then import cheap workers to displace the very people who paid for those protections to even exist in the first place? It seems a breakdown of the social contract to me. I think there's definitely two ways to look at this one.
> That rich people benefit from the laws and protections of the U.S., without having to deal with the corruption and laws of India. But they can then import cheap workers to displace the very people who paid for those protections to even exist in the first place? If the tax system is so broken that the poorer are paying for the richer's protection, then fix the tax system so that the rich person pays the "correct/fai…
This isn't about tax rates, it's about a social contract, a small few are allowed to capture a significant % of the economic output of a country, to reap the benefits of the legal and military power of that country. As part of that, they need to share, and they're sharing increasingly less. They think it their "skill" rather than their lucky upbringing, their fortunate birthplace.
There's far more to life, and to a country, than GDP.
As for ordinary people "owning" companies, that's either a naive or disingenuous argument. They're a tiny percentage. It is widely acknowledged the benefits of economic recovery has almost entirely been captured by rich people and ordinary people haven't seen an effective wage increase in a decade.
The stats don't back your stance.