Quote:You're logic seems faulty to me.  We've had the highest tax rates for quite some time...  We don't have any problem attracting businesses here.  We have a stable political system, educated workers, no unions (essentially), a relatively well designed infrastructure, paved roads, police to protect property, and I could go on.

 

You don't see tech companies flying out of the US.  You see auto companies moving into the south.  You see alot of growth for wall street companies even with a 35% tax rate, again the effective tax rates of these companies is significantly smaller than that, as I referred you to earlier.  

 

The issue is whether one wants to honestly buy the corporate line.  If you fall for the supply side theory of economics, you'll freak out that poor little corporations drive our economy.  The fact is, we live in a demand driven economy.  Consumers, not corporations create wealth and jobs.  Corporations just try to capitalize on the profits.

 

 It's not about the poor little corporations needing a break, it's about the reality that if I own a widget company and I can pay less taxes and make the product cheaper over sea's I'd be a fool to not do it. Telling me I'll have to pay tariffs on top of higher taxes and pay higher wages isn't going to convince the widget company to keep their jobs state side.

 

You think companies stay in America for our roads, infrastructure and private property protection? The rest of the world has that as well, we're not in competition with Zimbabwe, America is competing with Europe, and a developed Asia (with just as much if not more consumerism to sell to).

 

If consumers create the wealth where do you think consumers get the wealth to drive the economy? I'm all for small business but the reality is we have to keep large employers state side or you'll have a high non-participation work force continuously. With the level of welfare we plan on dishing out over the next few decades you're going to need a higher work force participation rate or the money just isn't there. 

 

I know it's quick and easy to lynch the evil corporations, I hate Wal-Mart as much as the next guy, but in the system that we've created they're necessary. And the notion they won't leave for lower tax responsibilities and lower production cost because we have paved roads and police is ridiculous. 

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