Why m4/3rds is declining in the US.

Started Apr 29, 2013 | Discussions thread
AndyGM
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In reply to Richard, May 1, 2013

Richard wrote:

Paying high taxes is a bad thing. It is the reason America went to war to separate from England. It is the reason your prices on everything is much higher than the US. Our gov is trying to raise taxes and try to make internet sales pay taxes which is against our constitution instead of spending less on entitlements. Blame gov for closing stores, competition improves the breed, gov causes glut and waste.

This is way off topic (but then so was my comment about Amazon), but the Amazon Europe case isn't about high taxes, and nor is the War of Independence. My understanding of early US history is that the colonists were happy to pay taxes, in return for political representation (the colonies had no Member of Parliament). It was clear in law that the colonists had a right to representation if they were being taxed. As a protest against being taxed, you had the incident with the tea in Boston.

Governments the world over are up to their eyeballs in debt, due to having to bail out financial institutions who, despite being subject to the forces of competition, were guilty of the same glut and waste you so dislike. When Governments are implementing austerity measures and need the tax income to rid themselves of this debt, for a corporation to use Tax Avoidance tactics so they pay no tax at all in a certain country for three years is unethical. It is also evidence of a corporation who do not believe in your stated belief of the positive value of competition, because they are clearly tipping the playing field.

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