My son and I had this discussion today about how insane it is to have a government borrowing trillions to operate while our west coast tech companise like Facebook work a deal to pay income tax in another country at 2% rate,.....then sit on huge amounts of cash undestributed, while their stockholders can pass on income tax as their stock value climbs as long as they don't sell the stock, acquiring astronomical wealth while they contribute to political candidates who have, naturally, refuse to adjust our antiquated tax code to new commerce.
We sit here and watch stores close like Sears while internet shopping like Amazon Prime grows wealth and parks it in whatever country offers the best deal.
Where are we when robotics finish replacing labor ....... and we have a tax code based on a w-2...?
I think I saw a glimmer of light in his eyes towards the end....
