Tuesday, 14 July 2015

Hillary, Make sure the Slaves Don`t Escape;


 

----- Original Message -----

From: Len Cranford


Sent: Tuesday, July 14, 2015 5:59 AM

Subject: Hillary, Make sure the Slaves Don`t Escape;

 

{Ah, but with ObamaCare and heavy Taxes - add Social Security - soon to be a generational 'dead horse', the motive to ESCAPE the "System" becomes stronger. But if the "Employee - Slaves" Escape then Thieving Liberalism will lose it`s revenue.  Just what I`ve been saying. And there are ways to escape those College Ed. Loans too. Corporations and Government shoot themselves in the feet by destroying their own consumers! L.}

 

 


[And KILL the Muslims and Jews before they repeat this sort of thing; ....Ah, they are already doing it.]

Galley Slaves of the Barbary CorsairsThe Barbary slave trade


Oh c'mon.

Hillary made a big deal about how Uber and similar firms are all about improperly classifying employees as contractors, and that she wants to put a stop to it.

Let's be clear here folks: The only "big successes" in business over the last decade have been found in various forms of regulatory arbitrage and cost-shifting -- not innovation.

Let's list a few:

Netflix: Shoving off network distribution costs on ISPs, then screaming to get the pushback made illegal in formal terms.

Uber and Lyft: Ignoring taxi medallion fees (paid to the municipalities where they operate by taxi firms) and turning operators into contractors, despite controlling virtually every function of the driver's operation including the price charged to the consumer.

Tesla: Tax farming, literally -- the company would not exist without EV federal tax credits both to the firm directly and to its customers. 

AirBnB: Hotel tax and the various life-safety and inspection processes that are evaded anyone?  To be fair AirBnB has started collecting hotel taxes in somejurisdictions, but it remains evasive of short-term rental bans that are in place in a lot of jurisdictions.

Amazon: While the company has been forced into local and state tax compliance their "Nexus" evasion by setting up distribution centers through allegedly "independent" firms (and which eventually started drawing a phalanx of lawsuits that the firm bought off by agreeing to collect tax) is the stuff of business legend.  Absent that there's question as to whether the firm would even exist in today's world, as their pricing sure wouldn't have been anywhere near as competitive.

Virtually the entire pharmaceutical industry: The list of people able to pay $100,000 for a Hepatitis drug approaches zero.  Only through forced payment via Obamacare and similar can such a pricing system exist.  It gets even worse when you look at chronic drugs that in some cases can exceed a half-million dollars annually for life.  Literally nobody, other than the handful of billionaires, could pay such a sum.  There is no possible way for any of those business models to exist absent regulatory arbitrage.

Can you show me a "big innovative" firm that hasn't revolved around finding some way to cheat?  I'm not talking about a new process or idea; that's what innovation is.  No, I'm talking about cheating -- redefining employees as contractors, shoving off your costs on other people (not finding ways to grossly reduce the expense of doing something), evading various regulations through your own creative interpretation of what the law is (and hoping you get big enough fast enough that at worst you get sued instead of your executives being indicted) and grabbing "tax credits" from everyone who funds the government via paying taxes.

Good luck with that.

No comments:

Post a Comment