Toddsterpatriot
Diamond Member
That is the exact opposite of reality. Taxes discourage off shoring? There is zero logic in that whatsoever. What mechanism does a company having MORE money encourage offshoring? That is another asinine statement. Cheaper production encourages offshoring regardless of what the tax structure does. Higher taxes obviously encourage offshoring as that RAISES the cost of operating here.Tax cuts is one of the reasons why companies move off shore. They have cheap labor and get to keep more of the profits. It's a win/win.
Tax cuts encourage companies to move off shore.
The way to keep American jobs here is to make it too expensive to move to another country.
That is done by taxes. Remove all tax loopholes and any subsidies they get from the government if they move. Put federal income tax to be paid on revenues instead of profits if they move . Raise their income taxes up to 75% or more if they move. Force them to pay 10 times in all payroll taxes than they would have if they had kept the jobs here. Put a new tax on all unearned income for stockholders who invest in companies that move off shore and make it a very high tax.
Make it way too expensive to move jobs.
The last thing to do is give them tax cuts to encourage them to leave.
Those who are really serious about keeping jobs here would support putting serious penalties on all companies that move our jobs to other nations.
I'm sure all the conservatives who scream about jobs leaving would never support such penalties. Heaven forbid that we take real steps to stop our jobs from leaving America.
I couldn't get past the stupid lie in your first sentence. When I read a lie I stop reading. I don't believe anything after that.
No it's not the exact opposite.
All the jobs started leaving in the 80s when taxes started to be slashed. They've been moving ever since. There's no incentive to stay here because it's cheaper to move. They've been given tax cut after tax cut for nearly 40 years. The tax cuts didn't stop them from leaving. Which is logical. Why stay here if it's cheaper and they can make more money if they leave?
If it's made too expensive to move they will stay here.
All the executives of the companies care about is money. If it's too expensive to move, they willl stay here.
It's simple logic.
Right now they are rewarded for moving. So they move to other nations.
If it's more expensive to move, they won't.
It's logical. But then, when did you far right radical conservatives understand logic and finances?
All the jobs started leaving in the 80s when taxes started to be slashed.
Correlation ≠ causation.
There's no incentive to stay here because it's cheaper to move.
It is cheaper to move to where taxes are lower.
The tax cuts didn't stop them from leaving.
Corporate tax rates remained at 34% from 1986-1993.
Clinton raised them in 1993.
Did corporations suddenly stop moving?
Right now they are rewarded for moving.
How? Be specific.