It's not corporate taxes that are causing jobs to move overseas.

http://www.eagleforum.org/column/2007/may07/07-05-02.html


The combination of avoiding U.S. corporate taxes and having Chinese taxes rebated (forgiven) will help DaimlerChrysler to sell new cars in the United States much cheaper than any it can manufacture in Detroit.


http://www.sodahead.com/question/174689/are-you-concerned-about-america-companies-moving-jobs-overseas/


Why are we losing jobs? Because the costs of operating a corporation in the United State is so high that the company cannot continue to make a profit. Several factors are cited, but one of the biggest is the high cost of U.S. corporate taxes rates.

In fact the places jobs are moving to have higher corporate taxes.

http://www.reason.com/news/show/134478.html


The U.S. corporate tax rate is simply too high. When you add state corporate taxes to the 35 percent federal rate, you arrive at a whopping 40 percent average corporate tax burden, the second highest among the 30 countries in the Organization for Economic Cooperation and Development (OECD).

http://www.realclearmarkets.com/articles/2009/05/obama_gets_tax_policy_backward.html



Economists are in broad agreement that cutting the corporate rate is a national priority. In a 2002 study, American Enterprise Institute economists Kevin Hassett and Eric Engen argued that the most efficient corporate tax rate is zero. The mobility of capital income means that even a small amount of tax introduces large distortions into an economy as capital flies away to a lower tax environment. More interesting, if counterintuitive, is the fact that because of capital mobility the people who stand to benefit most from a corporate tax cut are workers. In a 2006 study, the economist William C. Randolph of the Congressional Budget Office concluded that “domestic labor bears slightly more than 70 percent of the burden” imposed by corporate taxes.

And so, instead of cutting our corporate tax rate, the second highest among developed countries, to bring it in line with the rest of the world, or treating overseas profits in the same manner as most other developed nations which generally don’t tax overseas earnings, the Obama administration will make our corporate tax code more onerous.

So explain to me how lowering the tax rate will incentivize GE to fire up the factories in America again.

And since it is the thread theme, I think that shipping illegals back to their countries of origin would be in our best interest too. To many of those unemployed that are going to be without benefits soon, 8.00 an hour is starting to look better than nothing. The store I manage put a part time help wanted sign out recently and we got over 100 applications in 2 days. We had people begging for that 7.25 an hour job, literally. It is really sad to see that when we could very easily open up at least a few million jobs for our own citizens, that they WOULD work and would be better than the "homeless and starving" option that is bearing down on many right now.

Somehow in the back of my mind I have a doubt related to the sincerity of this type of post.

I have a hard time believing that someone who is blaming the "illegals" for all the troubles that the country is now having, would truly have a concern for the best interest of his fellow Americans.

If your thinking is that all the troubles in the economy will disappear because, if and when all the "illegals" are deported, all the unemployed Americans will have jobs, and then they will not have to avail themselves of the "homeless and starving option," then you need to start thinking long and hard about the effect that the deportation of millions of workers and consumers will have on the economy. It is hard to imagine all the "un-intended" consequences that such policy may have. Some industries may very well collapse, and many businesses may have to further down-size when they lose their customers.

employers like you, who say that you care for your fellow Americans while bashing on the "illegals," don't seem to have a problem offering jobs at, or below, the poverty line rates. If you are trying to say that you want the "illegals" deported so that unemployed Americans will have a chance to get jobs at a higher pay than the $7.25 that you are now paying, then why don't you start offering higher pay and require proof of citizenship or legal residency.

That would show to me that you really care for your fellow Americans

And it makes me wonder WHERE are all those "citizens" Mr. ready claims that are willing to work the kind of work that the "illegals" are doing. And I repeat... These companies PAY VERY WELL... !!!