| mrstickball said:
World disagrees with you. Ever wonder why we've outsourced so many American jobs? It can be done cheaper overseas and out of country. Why? They take less of the company's money. Combine that with rising technology and infrastructure, and there's no reason for jobs to ship overseas. |
It has more to do with the cost of labor in those countries than it does with tax rates. That is why companies like Wal-Mart are already encouraging their suppliers to invest in countries outside of China since China's average market wage has increased so much since the investment began there.
If you can pay someone $1 to do something in Thailand what you would have to pay them $6 to do here, there is no cut in corporate tax rates that can make up that difference. Globalization is unavoidable and trying to stop it is pointless.
Furthermore, corporations have found hundreds of ways to abuse the U.S. tax system. So what you see is not what you get. If you honestly believe they are paying that full 40%, you are fooling yourself. Blame that on the mess that is our tax code.
We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls. The only thing that really worried me was the ether. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke
It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...." Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson
