IKEA buys 11,000 acres of U.S. forest to keep it from being developed

Re:IKEA buys 11,000 acres of U.S. forest to keep it from bei... by mikem170 on Wednesday January 27, 2021 @05:19PM (#25934873)

I've held that point of view, but heard something recently that gave me pause: The high tax rates of the 1960's were the reason that companies paid their employees more and/or invested in research, producing things like Bell Labs.

The reasoning was that when corporate tax rates are low companies will use the extra money to play financial games, and when corporate tax rates are high companies know they are better of off giving the money to retain/recruit good employees or spending it on research to grow the business instead.

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Re:IKEA buys 11,000 acres of U.S. forest to keep it from bei... by andromeduck on Wednesday January 27, 2021 @07:36PM (#25936436)

I'm not sure I entirely buy that. Sector monopolies were much more common around that time too which makes broader research investments easier to recuperate and there was also strong market incentives to do so because the bottom kept getting eaten up by foreign and particularly asian manufactuerers.

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