Riiiight. Name one other industrialized nation on the face of this globe that taxes its domestic corporations on their worldwide income.
I don’t need to. I am American manufacturing...
The fact that the U.S. taxes corporate income is not salient to the argument you started. Your assertion that I was wrong (ignorant)in my initial reply may hinge on that argument, but that doesn’t mean I need to entertain it.
I’m part of the outsourcing. The company that employs me, is currently headquartered outside the U.S. as a response to those tax issues.
That does not, in any way bear on the fact that actual U.S. jobs (productive jobs, that actually pay a living wage) are in direct competition with those “free-standing foreign subsidiaries” based on cheap labor alone.