konnichiwa said:
WolfpackN64 said:
It's not stealing money, it demanding just compensation for leaving many people who created value for the company unemployed. The incentivize system has thouroughly failed. Every state is bidding against each other in lowering business taxes to get big companies to go to their country and it's slowly destroying public funding. You know who usually have to pay for lowered corporate taxes? The regular taxpayers, but usually in thousands of different fees so you don't get the idea you directly pay more taxes. In Belgium, they lowered corporate tax from 33% to 25% (which is still a fair tax), but left myriad of backdoor large companies can exploit, while giving them cuts on social costs (which is very unfair towards smaller business owners). Meanwhile, our VAT is at 21%, 21%!!!! Taxes on electricity and water have gun up substantially.
We need to draw a line. Large companies have to learn to pay their damn taxes and as long as they're profitable, stay put. It's fair towards regular taxpayers and smaller companies who can't use any of the basically state subsidies large companies get.
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I am sorry, I am partially responsible because I work in Antwerp (Belgium) - Shanghai and have helped relocating some companies to China.
The problem with socialist countries as Belgium is simply that the Unions are so demanding that they hurt businesses and people's future.
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Belgium is not socialist, it's a capitalist mixed economy. The unions are demanding, but they're also usually right. Workers create the value for a company, thus the largest piece of the pie should go to them, that's just fair. Many companies who relocate are still profitable, and relocating then is simply immoral. The one's at fault here are not the unions.
