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To: mkleesma
More dramatically, Boston Consulting Group (BCG), a global management consulting firm, discerns “a renaissance” in manufacturing that will, within five years, lure major U.S. corporations to return home from China.

With the corporate tax rates the US saddles business with, there is no way these places are coming home anytime soon. There is also a problem with the claims this piece makes. The value of the dollar matters a great deal in these calculations. I didn't see any compensation for it here.

7 posted on 05/31/2011 8:12:40 PM PDT by Lazlo in PA (Now living in a newly minted Red State.)
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To: Lazlo in PA

What ‘corporate’ tax rates? GE didn’t pay a cent last year, same for many transnational corporations, that use the US taxpayer to subsidize their overseas operations.


21 posted on 05/31/2011 9:02:23 PM PDT by hedgetrimmer
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