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Re:CEOs say California worst place to do business, Texas best
on Monday May 09, 2011 @12:40AM (#2527585)
Why do you think wealth is a zero-sum game? Just because one country benefits economically means other countries have to lose? The pie is not fixed. It grows bigger when economies grow.
Re:CEOs say California worst place to do business, Texas best
on Monday May 09, 2011 @12:37AM (#2527580)
Countries with the highest economic freedom scores in the world have the highest GDP per capitas in the world. That's factual proof that friendlier economic environments make better businesses, which benefit workers who receive the highest incomes in the world. Hong Kong and Singapore are great examples.
Re:CEOs say California worst place to do business, Texas best
on Monday May 09, 2011 @12:33AM (#2527573)
No. He's using Nigeria's tax system as the only basis for choosing the best place to locate one's business. Many other factors contribute to a a CEO's preference.
Re:CEOs say California worst place to do business, Texas best
on Monday May 09, 2011 @12:28AM (#2527563)
This is just completely absurd, and does not belong on HN.
Re:CEOs say California worst place to do business, Texas best
on Monday May 09, 2011 @12:21AM (#2527552)
...and Bermuda enjoys one of the highest per capita incomes in the world.
Re:CEOs say California worst place to do business, Texas best
on Monday May 09, 2011 @12:13AM (#2527534)
I can assure you that SV executives flock to SV because of talent, in spite of California's tax system and business policies. We'd flock to Wyoming if Wyoming had more talent.
Re:CEOs say California worst place to do business, Texas best
on Monday May 09, 2011 @12:10AM (#2527531)
That's quite a straw man. Economic freedom and property rights are more important than how much taxes you pay.