Rickety_Crickel

Rickety_Crickel t1_j9gaiao wrote

The alternative is to let the rich continue to accumulate more wealth that does nothing while the rest of humanity starves. Corporations shouldn’t have the right or ability to hoard wealth overseas to avoid paying their fair share.

If it doesn’t bother you that you personally paid more in taxes than many millionaires and billionaires I don’t think anything is a convincing argument because the status quo and it’s inevitable future is acceptable. It’s not acceptable to me.

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Rickety_Crickel t1_j9evy8l wrote

There’s plenty of money sitting in corporate vaults overseas. We take that money and set up funds that people in the US can borrow at low to no upfront cost to start businesses. Also we enforce tax law already on the books so this situation doesn’t happen again. And enforce monopoly laws so Kroger doesn’t buy up every locally owned grocery store off of taxpayer dollars.

It’s not rocket science to fix what’s broken, it just requires us to admit that our system sucks ass and we deserve better than a handful of rich assholes hoarding wealth at our expense. We should use that money to help people innovate, not just give away money to rich investors that don’t care if your neighborhood or town or even country fails because they’ll make money off of you either way.

This would be the status quo if not for our politicians being owned by corporations through legalized bribery. So it’s less about what we could have than what we should / would have if not for donkey brained levels of corruption that rival any other country throughout history.

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Rickety_Crickel t1_iuin651 wrote

It is an international problem, but I don’t have faith the US will regulate telecom better any point in the future. The EU is making real strides towards setting up better standards for tech giants.

The most significant tech legislation to come from the US in the past decade or so was that domestic chip manufacturing bill which hardly curtails the negative impact these billion dollar companies have.

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Rickety_Crickel t1_iucvdb8 wrote

True, I don’t think EU regulators are looking at US telecom to pay here but service providers like Netflix. Any privately owned telecom will have the same problems that Charter has, but I don’t see a big problem with making billion dollar companies pay when their traffic is effectively being subsidized by tax payers otherwise. At least in the US telecoms are crowding out small and disruptive businesses by prioritizing traffic for big providers and passing the cost onto customers of the telecom instead of the business.

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Rickety_Crickel t1_iucrrnz wrote

Telecoms are some of the scummiest tech business, if not the most in terms of negative impact to the world 100% due to greedy assholes. I worked for Charter for 5 years as an engineer, management at all levels laughs at customers including large businesses like Visa and small ones like a neighborhood tool store or dental office when they expect the service they pay for and don’t receive it, ie fraud in any other context…

Executives give themselves huge bonuses paid for by US taxpayers that was supposed to go towards building internet infrastructure. It’s complete theft, people should be in jail over it which is also acknowledged and laughed at by management.

No telecom in the world should be privately owned, same for power companies and hospitals. It’s an essential service that parasites have infested. EU will lead the way in de-worming internet infrastructure with help from the US gov or not.

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