undefined | Better HN

0 pointslkjdsklf1mo ago0 comments

I don't think anyone believes they're entitled to them.

However, in my opinion, if these companies want to continue to enjoy preferable tax treatment and the deregulated environment the US provides them, then they should be expected to hire people in the US to drive the US economy.

If they're not going to do that, then we (meaning the Government both state and federal) should stop incentivizing them. Why would we give government contracts to a company that's offshoring jobs? Why would we give them tax breaks? Why would we leave their markets largely unregulated?

The US Government should incentivize and support companies that are providing value residents of the US. As these companies move to offshoring (and other similar policies), they become economically extractive and the government should no longer support and enable such behavior.

0 comments

skeledrew1mo ago

> stop incentivizing them

And at that point they simply... shift the bulk of their operations somewhere that still gives incentives, and maybe just leave a lightly-staffed satellite office in the US.

lkjdsklfOP1mo ago

That's great. They should do that then. They're not providing value to the US economy at that point. They're purely extracting value from it. They should leave.

Of course, in reality, they never actually leave because the vast majority of their profits is from the American economy.

j / k navigate · click thread line to collapse