Vertical axis is ability to automate in percentage and horizontal axis is hourly wage. as tax base erosion from artificial intelligence attacking it from a million different sides.
And that makes them more likely to stay out in society and be productive and taxpayers citizens. There's such a tax base that we're losing by really disenfranchising people that have been locked up in the system. And we're losing economic growth as a nation.
So municipalities don't give out tons of landfill licenses, because then nobody wants to live there. And that reduces the tax base . So once you have a landfill or a gravel pit, you probably aren't going to get a whole lot more of them.
You want to let people know what the real problem may be. contributes to the tax base .
a child -- Harold MacMillan's day. And basically, you may not feel like it, but you live in a low-tax economy -- not achieved by design, but simply because a key element of the tax base has disappeared, which is the financial sector and, to some extent, the housing market. So you've had a collapse of tax revenue -- not just because of the recession, but because structurally, some of the key elements of tax revenue have gone. So you've got a collapse of tax revenue and
The largest Fortune 500 companies employ about 30 million people. It's important because corporations provide a tax base to the government. The revenues-- in fact, the revenues of the Fortune 500, 2/3 of their revenues is reflected as global GDP--
Because by definition, you can't have conventional armies without a state structure to support it. You need somebody to provide the tax base . You need a hierarchy.
I actually was always the one who wore the apron in the relationship. accepting donor aid in the future in building out a tax base to do it on their own.
20 years that's even mentioned the words, because most of them don't have the guts. to. We need lower tax rates so we can become competitive again. And then the tax base will increase in size as jobs return to California, and then the tax revenues go up, not down.
They first struggled against it. That is to say, because the tax base couldn't support repayment after the subprime crisis, the banking system
through a mechanism that I'll explain a little bit later for you. But it's open to United States corporate and private entities to help the tax base of the United States. If you got a great idea and you're going to end up making money on the ground after proving something out on ISS
Other times, the people come out 'cause they hate the emperor, and they drag the emperor out and cut his nose off or killed up to 5,000 people a day in Rome alone, devastating the tax base and army recruitment pool. And the empire
So the point is that the revenues of these major corporations actually have such an important role because 2/3 of their revenues is US GDP. And so in terms of not just job creation but also tax base and innovation, which we've just seen with the MRNA vaccine and really the efforts to combat COVID, there's clearly an important responsibility
Some of this was made possible by a law, the 1996 Telecommunications Act, which took the lid off how many news outlets one company could own. I went to high school in Palo Alto in the '70s right before Proposition 13 began the gutting of the tax base for
Detroit's just early. They're just a couple of decades ahead of everybody else. When you take a wealthy city and you spread it out over a huge area, denuding the tax base , while driving up the cost of providing service, you get the bankruptcy of Detroit.