One of the greatest things about the USA is that entrepreneurial mistakes are forgiven and you're given another shot. It is why we are the greatest nation when it comes to startups and entrepreneurship in the world.
This is why taxes are important. They are the socialisation of profit. People should be able to take a risk... but they should also payback the institutions that facilitated that risk.
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One of the greatest things about the USA is that entrepreneurial mistakes are forgiven and you're given another shot. It is why we are the greatest nation when it comes to startups and entrepreneurship in the world.
The privatization of profits and socialization of losses.
This is why taxes are important. They are the socialisation of profit. People should be able to take a risk... but they should also payback the institutions that facilitated that risk.
We need more tax enforcement on the rich and big companies.
As it is now they don't really pay taxes as they have army of accountants to figure out ways around taxes.