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Caterpiller tells Illinois "shape up or we are shipping out"
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<blockquote data-quote="island1fox" data-source="post: 820338" data-attributes="member: 4816"><p>brownbaggin,</p><p>My added two cents --many people yell for the U.S. to raise Tax on the evil rich Corporations. After Japan has lowered their Corporate Tax the United States has the HIGHEST corporate tax rate in the world. Throw in the additional labor cost and it does not take a genious to figure out why so many jobs have left the country.</p><p>For example if we eliminated the tax completely --Large IT corporations woulkd be encouraged to have their phone centers and help lines and manufacturing plants right here at home.</p><p>With the millions of high paying jobs that would be available, unenployent would go down and overall tax revenue would increase.</p><p>This is not rocket science. Remember the HIGHEST corporate tax rate --what incentive would you personally have if you were about to invest your money to risk opening a business where a huge chunk of the profit goes to the government ??</p></blockquote><p></p>
[QUOTE="island1fox, post: 820338, member: 4816"] brownbaggin, My added two cents --many people yell for the U.S. to raise Tax on the evil rich Corporations. After Japan has lowered their Corporate Tax the United States has the HIGHEST corporate tax rate in the world. Throw in the additional labor cost and it does not take a genious to figure out why so many jobs have left the country. For example if we eliminated the tax completely --Large IT corporations woulkd be encouraged to have their phone centers and help lines and manufacturing plants right here at home. With the millions of high paying jobs that would be available, unenployent would go down and overall tax revenue would increase. This is not rocket science. Remember the HIGHEST corporate tax rate --what incentive would you personally have if you were about to invest your money to risk opening a business where a huge chunk of the profit goes to the government ?? [/QUOTE]
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Caterpiller tells Illinois "shape up or we are shipping out"
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