Kasz216 on 11 April 2013
| Augen said: I would think you'd need something major like all of the G-20 to make this start to happen. Otherwise if one country does this like France they'll just end up hurting themselves as businesses that do not absolutely have to be there will move elsewhere. |
Even if the G20 did this... they'd still do that. You'd just see a vast increase in the companies "based in dubai" and places like it... with branch offices elsewhere.
What REALLY should be done is the replacement of a corporate tax with that of a corproate VAT. So instead of getting taxed for being in the country and providing jobs, you get taxed for everything you sell in the country for the priveledge of using the market..
So instead of saying "Thank you manufacturing company for not getting cheaper labor in mexico, now pay a bunch of heavier taxes on top of that."
They can say "Screw you chinese manufactuerer.... we're taking a cut of everything you sell here."
