peterweg
16 Apr 2016
News / Demonstrations in Poland in defence of democracy. [2554]
P3 is a Marxist.
What very few people seem to realise is that profit is at most 10%, more like 7% of the income of a company.
The rest, 90% plus, is retained in country. When you work through the supply chain, nearly half the money is paid in direct income taxes on wages. When workers spend their money, VAT is paid and so it goes on.
This is why Polands economy has gone from $60billion to $500billion+ and Polish wages and wealth has gone up.
Yes, Poland should have more Polish owned businesses, but that will require Poles to compete in a capitalist market, which means being the best on its own merit.
You can legislate to buy by dictat, but thats Communism.. and we all know that doesn't work.
Siphoned? Perhaps you just object to the principle of profit.
P3 is a Marxist.
What very few people seem to realise is that profit is at most 10%, more like 7% of the income of a company.
The rest, 90% plus, is retained in country. When you work through the supply chain, nearly half the money is paid in direct income taxes on wages. When workers spend their money, VAT is paid and so it goes on.
This is why Polands economy has gone from $60billion to $500billion+ and Polish wages and wealth has gone up.
Yes, Poland should have more Polish owned businesses, but that will require Poles to compete in a capitalist market, which means being the best on its own merit.
You can legislate to buy by dictat, but thats Communism.. and we all know that doesn't work.