Quote:
Originally Posted by fastball
Something I think NEVER gets discussed, or when it does it's always "oooh corporations are evil they must be taxed and heavily" is why our government doesn't change or adapt tax laws to make it far more lucrative for a company to make everything in America even while paying Americans a solid $20.00/hr. Don't fight corporations, embrace them. Make it so companies make far more money producing every single component in that television here in America while paying Americans $20.00/hr AND still sell that 60" LED TV for $1500.00 AND the corporation makes FAR more profits in doing so than if they produced it anywhere else in the world.
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I would agree that a tax break for those that do would do that would be fantastic, instead of handing out massive tax breaks to all corporations (which BTW, does what exactly? If they have demand for their products, they wait for a tax break to meet that demand? or they just add it to the coffers and sit on it? I personally wouldn't hire someone to sit around and do nothing just because i received a tax cut, and i wouldn't wait for government hand out to go and hire someone to meet demand for my widgets). How about tying tax breaks to the hiring of full-time, well-paying jobs in America?
Part of the issue is with our tax codes is they are so convoluted that large corporations can use the thousands of loopholes to pay next to nothing in taxes, which seems wrong to the regular middle class folks paying 15% to 20% or more in effective tax rates on their personal income.