Has anyone looked at the “market value” of the United States’ share of the Global 2000 recently?

No!  Well, I have, and let me show you what you might have been missing with the following simple graph:

Now there are a few take-aways from the above graph that you should probably put in the back of your mind regardless of how you want to react to the main gist of this article.  Here are those important take-aways:

• the United States’ business dominates the world of business.
• the United States business accounts for almost 50% of the world’s business market value (all by itself).
• the United States and its freedom-loving allies account for 85% of the world's business market value.
• China is a paper tiger.

Yes, all of that is true, folks!  At the end of 2020 (or January 1, 2021) United States’ business accounted for $39.1 Trillion of the $79.7 Trillion (i.e., 49.1%) total market value of the Global 2000 companies.  Note the upward trend, too.  The United States has been gaining “market share” almost every year for the last ten-years!  Don’t believe me?  Well, then I will just convert the above table for you, and instead of showing you “market values”, I will show you “market shares”.  Here is that graph.

I could even show you more, by breaking out the above numbers into “business sectors”, which would show that the United States dominates almost every business sector, too. 

Today, I would like to talk about business taxation.  (As background: I have both a masters in public administration and business administration, and I hold both sectors in high esteem.) 

If you look at the first graph again, you should note that the market value of the United States’ share of the Global 2000 went from $25.9 Trillion on January 1, 2020 to $39.1 Trillion on January 1, 2021.  The net market value of just those 590 U.S. business companies that are part of the Global 2000 went up $13.2 Trillion (a 51.0% increase) in just one year. 

What would it take to convince you that American Business should contribute more to the federal government?  Why should the American public pay more taxes than American Business?  Who does are military protect?  Who uses the highways and byways to transport their goods?  Who uses all the satellite and internet technology that was developed by the United States Government?  Who uses the fact that being from the United States gives them leverage?  Should business with their taxes contribute to the education of their future employees?  Should business help pay for the scientific basic research that they are too short-sighted to fund themselves?

As a veteran and a taxpayer, I believe it is time that U.S. business helps take the tax burden off of me and the other poor and middle-class people of this country.  What makes business exempt from taxes?  Trickle-down economics is a myth—that has been proven time and time again these past thirty or forty years as the gap between the rich and the poor gets larger and larger. 

Twenty percent, I say.  Tax large businesses (not small businesses) twenty percent on their “market value” gains.  Give 80% of the gains to the stockholders but send the other to the Government to help pay the bill that individuals are currently paying a disproportionate amount.  Twenty percent on a gain of $13.2 Trillion is equal to $2.64 Trillion.  Add that to the Government’s budget and we’ll start generating surpluses—like we should have been doing all along.

Oh, and p.s.—the United States share of the world’s business market value has continued to rise this year, and do not be surprised when just the U.S. portion of the global 2000 comes in above $50.0 Trillion by the end of this year (January 1, 2022) and representing more than 50% of the entire Global 2000 market value..