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To: Willie Green
From the article: ...America´s regulatory and tax systems have unnecessarily raised domestic business costs in many instances...

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BINGO!!! This is the line in this article to that point that sums it all up. It is TAXES and REGULATIONS that have fueled this whole fiasco. Reduce them both, and I mean DRASTICALLY, and you don't need whatever is in this plan.

These authors actually see it, but I doubt if reducing these will be part of the plan. I'm surprised they even mention this. Must be a slip of the fingers on the keyboard.

Now I'll read the rest of it.
19 posted on 01/01/2004 10:18:48 AM PST by gooleyman
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To: gooleyman
While your understanding of tax/reg problems is excellent, please advise which politician will advocate even the SLIGHTEST rollback in EPA, OSHA, or EEO regs/standards.

Similarly, while I think elimination of the C-Corp income tax would be a very good thing all-around, it doesn't take too much to hear the demagogues ranting.

Last, even though the numbers are noticeable, tax/reg costs are only about 15% (or less) of sales for most organizations. That's not quite the same as the 70% difference in costs for most comparos of China/USA
46 posted on 01/01/2004 11:33:17 AM PST by ninenot (So many cats, so few recipes)
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