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Caterpiller tells Illinois "shape up or we are shipping out"
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<blockquote data-quote="klein" data-source="post: 820360" data-attributes="member: 23950"><p>It's also not rocket sceince to know that Japan is the second most country worldwide in debt (with Zambawee, being number 1 spot).</p><p>The United States debt compares to pennies versus those of Japans.</p><p> </p><p>You can eliminate all corporate taxes in the US, and yet the companies there, will still be paying more on healthcare alone for their employers, then monthly wages somewhere overseas.</p><p> </p><p>I think that's why it would be a very smart move if Cat moved production to socialist Canada. They are located near the border, anyways.</p><p>With corperate tax rates sinking here, year by year, to get to 15% by 2013 (I believe), which would be 10% lower then the US, lower pension plan constributions, and no employer healthcare costs, (besides prescriptions and dental), it would be unwise not to consider.</p><p> </p><p>And, most of you are right : Until the US lowers it's manufacturing and production costs, it will be hard to compete with jobs globally.</p><p>But, keep in mind, any measures towards that goal, usually comes from the costs of all ordinary citizens and workers.</p></blockquote><p></p>
[QUOTE="klein, post: 820360, member: 23950"] It's also not rocket sceince to know that Japan is the second most country worldwide in debt (with Zambawee, being number 1 spot). The United States debt compares to pennies versus those of Japans. You can eliminate all corporate taxes in the US, and yet the companies there, will still be paying more on healthcare alone for their employers, then monthly wages somewhere overseas. I think that's why it would be a very smart move if Cat moved production to socialist Canada. They are located near the border, anyways. With corperate tax rates sinking here, year by year, to get to 15% by 2013 (I believe), which would be 10% lower then the US, lower pension plan constributions, and no employer healthcare costs, (besides prescriptions and dental), it would be unwise not to consider. And, most of you are right : Until the US lowers it's manufacturing and production costs, it will be hard to compete with jobs globally. But, keep in mind, any measures towards that goal, usually comes from the costs of all ordinary citizens and workers. [/QUOTE]
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Caterpiller tells Illinois "shape up or we are shipping out"
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