ShaklesOfBigGov
Restore the Republic
- Nov 19, 2010
- 5,077
- 749
You idiots need to read the original politifact article. It talked about Jeep manufacturing autos in China...for the Chinese.
I had seen the same thing coming from Ford actually. Exactly why now are you finding FORD, then JEEP, choosing China to start building it's next production plant? Where are all the big plans to invest capital into a large assembly line in the United States, to look to American workers? Could it be government regulations? What are the tax rates for businesses that are established and BUILT in the United States, compared to simply investing in China?
http://m.us.wsj.com/articles/a/SB10001424052702303425504577353031028357826?mg=reno64-wsj
Damn I wonder if it has anything to do with the rapidly rising middle class in China. A group of what, 500 million people?
Now surely you wouldn't expect a good capitalist organization like a car manufacturer to look at that market and say; iam gonna build me some cars and sell me some cars and make a lot of money for my shareholders. Right here in China.
Couple that with much lower wages, minimal pollution controls and the fact that if you build it there you don't have to pay shipping.
Other than that, I can't figure out why a company would build in China.
Especially as we continue to fall on our face with no hope in sight. Why stay here?
I'm sure it wouldn't make any sense for a corporation to build a plant in China that has a flat corporate tax rate of 25%, when they can keep one here in the United States at a consistent corporate tax rate of 40%. I'm sure the brilliant minds of all the executives would much rather set up shop here, we just have to meet the added cost of 800 new regulations this administration wants to push out each year. In fact why not double down on cost and build a new additional plant right here, before the new Health Care law is fully implemented. This way the government has the ability to dip into those pockets even further to spend more of what it can't afford. Add to that China's 9.7 tariff tax, and I'm sure an American auto maker can be VERY effective in competing with a manufacturing plant established in China. You're right, I can't see why any business wouldn't be encouraged to just build right here in the United States.
Small Business Regulations Surge Under Obama - Forbes
http://thehill.com/blogs/regwatch/a...report-shows-spike-in-regulations-under-obama
Corporate tax rates table | KPMG | GLOBAL
China - Tariff rate
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