If the U.S. charges too high a "rent" on businesses (in the form of taxes), they will go elsewhere. If the U.S. reduces the "rents", businesses from elsewhere will move back here.
BTW, I also wish someone would point out that Democrats generally favor raising the taxes that they themselves hardly have to pay. The taxes don't hurt the super-rich because they have enough excess liquidity to avoid them. The taxes instead hurt those who are trying to work their way up, since they need to keep more of their money liquid.
so, so true!!! and so simple, but many, if not most, people just don’t get it. they bitch about the big bad corporations, want to penalize and tax them further, then gripe about jobs being outsourced and corporations relocating overseas.
Duh. The U.S. already has the second highest corporate tax rate in the world!!! Lower that, and give them more incentives to keeping (or bringing back) jobs here in the US. Money talks.