Kasz216 said:
Even all the good jobs like software now go elsewhere. Pretty much everything not expressily a service job for the country.
Now... the stockholders simply remove all funding from these companies, invest in similar comapanies overseas, likely caused by the same people who make deals overseas and subsidiaries. Even in a best case legislation way I can't even conceive at the moment you pretty much gurantee no new companies open in the US ever again. It's the epitome of well meaning legislation with huge negative unintended consequences. |
The VAT as a replacement for corporate tax would be the better replacement, bringing in more revenue by catching all overseas companies that do business in America without imposing more of a burden on the ones that are here (maybe slightly more, as the VAT would be calculated to roughly bring in the same revenue as the current corporate rate, but without loopholes), and that excess revenue could work to help retraining programs for victims of outsourcing.
Monster Hunter: pissing me off since 2010.