[QUOTE="hokies1313"][QUOTE="jointed"][QUOTE="hokies1313"][QUOTE="jointed"][QUOTE="notconspiracy"] someone's already posted this.
and this is a capitalist country. if you dont like it, then too damn bad
jointed
That kind of logic contains 100% pure fail...
Why? What he is doing is completely legal. This is a capitalist system of economics, if he has money to buy a company, he should be allowed to purchase that company. Now, the tax side may need to be adressed, but what he does other than the taxes is 100% legal.
These kinds of problems should be solved by reinforcing the economic structure with reforms...
We can apply your logic to various other issues that were once legal...such as slavery, and fraud.
Not really. Fraud is harming someone, as is slavery. If you made this illegal, you'd make every buyout of a company by another illegal, and that's just not possible.
This man is not harming anyone, layoffs and buyouts happen all the time. It's part of the economy.
Yes...he is harming the economy. If a corporation/individual profits without actually giving something back to society...he's indirectly harming it, even more so when idiotic presidents wants to cut taxes.
Harming the economy? So now every company that lays people off is "harming the economy."
What would harm the economy more would be if that company just shut down, because they couldn't operate due to high costs. Then even more people would be out of work.
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