Bombur
VIP Member
- Jan 9, 2014
- 1,812
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Uh, high FEDERAL corporate TAX rates drives companies to India, China, Canada, Mexico, etc.
Good god you are fucking stupid.
Uh, even your fellow liberal kooks running NY realize taxing businesses to death forces them to states with zero or less taxes. This is common fucking sense, which you don't have.
At least they are now being honest that they fucked up the economy of NY.![]()
Like I said it makes sense one state at a time as it provides a benefit to the state. At the national level it just undermines and distorts the tax code while providing little to no net benefit.
You do know we were talking about state taxes right?
Jobs will go to China because they have much lower wages. The tax code can be improved at the federal level but the impact is minor compared to wage differences, regulations differences, and the manipulation of the USD by China.
We also compete with other industrialized nations like Germany who have a smarter tax code and approach to healthcare than the US. Not to mention they push exports while the US pushes imports.