Cost of labor bump!
"Cost of labor bump!"
"A recent survey was done, in Europe and Japan, of the major corporations and I was astounded at the results. They were asked, 'If the US abolished its income tax and went to a sales tax, would that have any impact on your decisions?' Eighty percent of the corporations said they would build their factories in the United States of America. Twenty percent said they would move their international headquarters to the United States of America."
(Former) Chairman of the House Ways and Means Committee,
Rep. Bill Archer (R-TX)
Speaking in his Congressional District in Houston, TX - August 12, 1996