in Europe they do. corporate taxes are cut all the time there.
http://www.iht.com/articles/2007/05/28/business/tax.php
Why? because they are forced to compete and they know this works so they do it. In the US there is no threat of competition-what? we’re going to Mexico for a job???
No threat of competition here ?
How about outsourcing to India, China, and yes Mexico. We’ve sent a lot of manufacturing to Mexico, chico. And we’ve had a lot of banks and insurance companies move headquarters offshore to Bermuda, the Islands and the like.
The Dims would like to THINK American firms have noplace else to go.