Posted on 06/23/2011 5:30:04 PM PDT by rob777
Ayn Rand was mostly correct when she wrote her magnum opus "Atlas Shrugged." She was incorrect in one important area. She assumed the final option for the wealthy and entrepreneurial class was to go on "strike" and retire to Galt's Gulch. In the modern world the movers and shakers don't strike, they migrate.
Atlas is shrugging in the US. Capital is relocated to regions where it is treated more favorably. Within the country, we see capital and jobs leaving the overtaxed, overregulated Blue states and migrating to smaller government Red states. That provides partial relief, but onerous federal policies cannot be avoided by moving within the country.
(Excerpt) Read more at americanthinker.com ...
Not true...Galt destroyed his engine in order to deprive it from the looters and the moochers.
US tax policy allows deferral of taxes on corporate profits held overseas. Tax policy, in conjunction with global wage arbitrage, practically begs corporations to move jobs and profits overseas.
Meanwhile, small businesses struggling in the US face higher taxes and increased medical expenses thanks to the Obama administration. It's a lose-lose situation for small businesses versus larger multinationals.
|
Really?
People in Bulgaria, Slovakia, and Hungary (former Soviet satellites) can play Poker on-line, but here in the Land of the Free and the Home of the Brave, I cannot.
Why don't you light up a cigar and try to walk through Central Park in NYC, and see what happens to you.
And don't be a kid who hopes to play kickball at camp this summer.
ML/NJ
The level of corruption in the Caymans would shock Rahm Emanuel.
Have you ever even read the book?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.