• Dark_Blade@lemmy.world
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    1 year ago

    Please don’t tell me you actually believe any of that. How does a company like Apple, which essentially vacuums up consumer money around the globe, converts it into American profit, and then directly injects it into the American economy through high-value employment in software/marketing/sales etc to pump up the values of American stock exchanges through its stock valuation (stocks that, btw, make up the bulk of 401k’s of American citizens) not generate wealth for the US? Do you not know how this whole chain works?

    Also, these companies do pay billions in taxes annually. Sure, they use loopholes to not pay their fair share, but they do pay taxes that they otherwise wouldn’t need to pay if they weren’t operating within America.