On Thu, 29 Oct 2015 12:13:49 -0400, "Mr. Luddite"
wrote:


Eliminating all tax breaks for corporations that export jobs sounds good
but is likely to be symbolic only in terms of a real affect. You'd have
to crunch all the numbers in terms of cost to manufacture here versus
there to find the point where it is economically more viable to
move jobs back to the USA. I suspect that gap is pretty large, even at
a higher tax rate.

It's interesting to me (not having much knowledge of world economics)
that the Republican positions and Democrat positions can be so
diametrically opposed. Democrats want to punish businesses for
choosing the most effective way to produce products, maximizing the
return on their shareholder's investments. They think that by increasing
the punishment (more taxes or no tax breaks) it will force businesses to
comply with their wishes and cause the economy to prosper.
Republicans say just the opposite. They want to reduce taxes on
businesses as a means to promote expansion, creation of new jobs and to
keep manufacturing here in a fertile economic environment.

I'd have to go along with the GOP ideas on this one. The Democrat's
way is the tail wagging the dog, IMO. Again, the amount of additional
revenues generated by tax "punishments" doesn't amount to a hill of
beans when compared to those revenues generated by a growing, healthy
and gainfully employed middle class paying normal income taxes.


Liberals still believe corporations pay taxes. In fact it is their
customers who pay the tax and taxing a corporation only makes them the
tax collector for the government. They make a profit on that tax since
it gets rolled into the expense line.
I suppose the corporations could list the tax as a separate line item
in the price of their products like they do with sales taxes but then
it would be harder to make a profit on it.

I doubt the public would be happy if they bought a TV and the receipt
said

***********
TV $549
Federal Tariff $300
(about what it would cost extra to make it competive in a US factory)
Sub total $849

State sales tax $50.94 (at 6%)

Total $899.94