SRFireside
join:2001-01-19
Houston, TX | reply to pnh102
Re: Is anyone surpised?
Maybe so, but American entrepreneurs also have a much better chance at success and financial freedom in the United States than any other country in the world. Kinda balances out don't you think? |
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pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
 ·Comcast
| said by SRFireside  :Maybe so, but American entrepreneurs also have a much better chance at success and financial freedom in the United States than any other country in the world. Kinda balances out don't you think? If that's still true why do jobs continue to be offshored?
Much of the rest of the world has caught up to where we are technologically. As a result, we live in a reality in which it is trivially easy to ship any job overseas. Our tax policies should not help make this any easier.
If you want a quick recovery, set the corporate tax rate to 0 and radically lower personal income taxes.
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Blagojevich / Madoff 2012! |
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SRFireside
join:2001-01-19
Houston, TX
| Jobs are being offshored because yes, it is cheaper for the company to do so. Most, if not all, of the companies that are offshoring are corporations who tend to focus more on stockholder value than anything else. Of course they go to the cheap labor to reduce costs and get those fatter profits. That doesn't mean the companies can't be prosperous keeping their production in the states. Look at the ledgers of these companies and see what their earnings and profits were before going out of the country. They were doing just fine. |
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Dogfather
Premium
join:2007-12-26
Laguna Hills, CA | reply to pnh102
Labor, not taxes are by FAR business' largest expense and overseas they can get away with near zero regulation and virtual slave labor payrates. |
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BF69
join:2004-07-28
Camden, TN
| reply to pnh102
said by pnh102 :If you want a quick recovery, set the corporate tax rate to 0 and radically lower personal income taxes. And where do you get the money to run the government? I'm prety sure at the very least our soldiers would like to get paid. Oh and I like bridges not to fail while I'm on them.
no such thing as a free luch buddy. |
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Combat Chuck
Too Many Cannibals
Premium
join:2001-11-29
Erie, PA | You don't I know it's hard a hard subject to understand but just think about it a bit. Why do stores have sales? It's not so they lose money.
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Come let us reason together. |
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RocketChild
join:2003-11-24
Round Rock, TX
1 edit | reply to pnh102
said by pnh102 If you want a quick recovery, set the corporate tax rate to 0 and radically lower personal income taxes.
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Sounds like you might be an advocate of the FairTax?
»en.wikipedia.org/wiki/FairTax |
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