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To: z taxman

It’s not the “corporate tax rate “ that drives corporations to move jobs our of the U.S. it’s the cost of labor.

If workers in the U.S. would work for third-world wages, the jobs would stay here.


10 posted on 06/17/2015 3:44:25 AM PDT by Hugh the Scot ( Total War)
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To: Hugh the Scot

Point taken, but a tax penalty won’t bring these jobs back either.


12 posted on 06/17/2015 3:48:19 AM PDT by z taxman
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To: Hugh the Scot
It’s not the “corporate tax rate “ that drives corporations to move jobs our of the U.S. it’s the cost of labor.

An assertion made with such confidence that it cannot be incorrect. Unless you consider that the U.S. Treasury taxes U.S. corporations on their worldwide income, effectively encouraging them to set up free-standing foreign subsidiaries.

In other words, an assertion made with the confidence that can only be derived from complete ignorance.

13 posted on 06/17/2015 3:49:19 AM PDT by 1rudeboy
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