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Excellent example. That machine requires capital investment. But many of the fascist traders beleive governemt taxes, regulations, and policies do not matter. They also beleive that empowering the US government to further tax and regulate us is the key to prosperity.

My favorite example is steel making and coal. We have now slapped heavy tariffs on imported steel. That’s great for steel makers but what about steel fabricators? This was done to protect an industry that is literally fueled by a resource that is be made illegal in this country. Coal is required for steel making and the Dems have promised to regulate it out of exsistence. But on this forum China is the problem not the US government.

Excellent example. That machine requires capital investment. But many of the fascist traders beleive governemt taxes, regulations, and policies do not matter. They also beleive that empowering the US government to further tax and regulate us is the key to prosperity.

I fully agree! Capital gains taxes should go to zero - likewise corporate income taxes. We should ENCOURAGE savings, and we should ENCOURAGE companies to invest in their own future!

We have the highest corporate income tax in the world. With the Government claiming 40% of all gross profits, why would a company do here, when it could do overseas and pay half (or lower) than that - and come out well ahead even with shipping costs factored in? Add in the fact that after you pay that income tax, when you share the profits with your fellow owners, they pay another 15% or more as well, meaning Government captures about 60% of all corporate profits made in the US.

I wonder how many people here refuse to take every tax deduction they can... Why would they deny companies the right to also take those tax deductions simply because it means shifting some income to overseas?

But many of the fascist traders beleive[sic] governemt[sic] taxes, regulations, and policies do not matter

Until we erect onerous tariffs, corporations will not fight those problems. We are giving them a cheap out and political cover for what is really international labor arbitrage.

But on this forum China is the problem not the US government.

I think that most on this forum would completely agree that over-taxing and over-regulation is the problem. It's just that most of us are tired of having people piss on our leg and tell us that it's raining. The data in this story is perhaps the leading manufacturing industry in the US since it's "facts" are clearly all manufactured.