Posted on 10/31/2014 6:51:54 AM PDT by SeekAndFind
No tax breaks, just cost incentives. Why pay a U.S. worker when you can find someone in India or China or the Philippines who can do it for a fraction of the salary?
What there is, is cheaper labor, less regulation, and overall lower taxes.
Condensed down. US-made underwear and India-made underwear....basically fit about the same. One cost $1.50 to make....the other .15 cents. The rest is not worth discussing.
But there may as well be, as tens of millions of people evidently BELIEVED that there was, and consequently cast their votes against Romney.
We have too high a general tax burden, too much regulatory State, and Unions who have lost their minds...
And people wonder why it’s more expensive to do business here?
So... What should we do about it? Make off shoring illegal? Punish those companies with fines?
Or should we scale back the Federal burden on our economy to help make our labor competitive again and enact monetary policies that make our currency worth more than the paper it’s printed on...
Are you saying that making off-shoring illegal and enacting fines on those companies is a GOOD idea?
Or just that such idiocy would be popular with the electorate?
at this rate democrats are going to kill outright US businesses and the only ones opening business here will be foreign companies.
There is a method to stop cheap labor dumping by slave nations abroad, and it is called importation taxes and not exportation taxes in the manner of income taxes.
Yes, we pay to export every time a worker gets taxed for making a product that gets exported!
Indeed, making off shoring illegal only means foreign owned companies would fare well. This flies in the face of liberal globalism. What is going on? Just sound bites or paranoiac pimps?
Reasonable corporate tax rates, cheap energy, and taking a meat axe to stupid regulations would go a long way to bringing those jobs back.
Correct me if I’m wrong, but the Wal-Mart Mexican-made underwear gets me for roughly 30-cents? I read something like this about six years ago....talking about profit that Wal-Mart takes on items like this.
I’m not accustomed to reading so much truth in so few words!
I should add a caveat here. If you ever get to Greece and have forgotten your underwear (not to say I did but maybe), and when you go downtown to buy Greek-made underwear....be prepared. When you say ‘el-grande’....the Greek lady will pull out these really nice cotton ones that ought to fit. When you get back to the hotel...you find that the front fits nicely, but you could probably squeeze two bowling balls into the rear section. So you get by for the remainder of the trip....feeling like these Greek guys have issues.
Is she competing with the homosexual activists to create the longest acronym?
Not sure if this acronym will catch on.
TBFCSJO: Tax Breaks For Companies Shipping Jobs Overseas;
Yes, the phrase immediately preceded the acronym in Mona Charen’s article. The question mark was to indicate my skepticism that it would catch on (because people wouldn’t easily remember what the letters stand for).
Not unless workers here are will to work without benefits for fraction of the cost of foreign workers.
I investigated moving my company to California a few years ago (yes I am a sucker for punishment but loved living in Tahoe when I grew up there). I manufacture small aircraft parts. Part of the process is coating the parts with zinc chromate. In six months I would go through MAYBE 1 quart for the parts that required the coating. The state regulations alone are nearly impossible to comply with. You can buy rattlecan for your boat for 10 bucks a can and spray parts all day long. BUT because I am a business I would have to install 10s of thousands of dollars of equipment and regulatory fees. The USA is run by people who simply do not want new business.
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