Quote:
Originally Posted by Rodrunner
Jobs
And to keep jobs in the U.S., how about we lower the corporate tax rate which is the highest, or at least one of the highest, in the world. Who can blame them for going elsewhere to munufacture. But now, the new administration is not only not going to reduce those taxes, but close corporate loopholes...goodbye more jobs!!
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Corporations going outside of the US is probably caused more by your point in the first paragraph than taxes. Wages in the US are crazy-high compared to other countries. Wages in Japan, China, Thailand, Philippines, etc, are all factors lower than here in the US. Put on top of that health care, retirement plans, environmental standards, etc, and that's why companies are going to other countries.