How do you make corporations stay? Reduce corporate taxes?
http://www.cnbc.com/2016/04/05/ford-adding-plants-jobs-in-mexico.html
>>71047221
Tariffs, it's the only way.
>>71047488
Would that outweigh the cost?
>>71047221
Taxes should be paid where the revenue is made.
In the EU, we have vastly different tax rates, so Google, Apple & Co. stick to Ireland, Luxembourg and the Netherlands, despite making most of their revenue in Germany and France.
>>71047221
Rich countries have tried the carrot with tax breaks and subsidies.
It's time to try the stick in the form of tariffs and see what happens.
incentives to stay in america are gone
cheaper to offshore build/make produce
cheaper for taxes
can cheat taxes easier
cheaper to pay workers
can charge way more than combined cost to make one item
>>71047488
>>71049311
tariffs
>>71048900
If it's necessary. It equalizes the differences in the cost of labor. You'll never be able to compete with a starving Indian or Chinese directly. America s learning this the hard way.
>>71047221
the mexican peso is extremely cheap right now
its why so many american businesses are moving over
>>71049538
I mean like, would that be a better offer to the companies?
>>71050348
Who cares? Apple, GE, Intel, Boeing, all effectively pay a 0% tax rate and still manufacture the bulk of their products offshore. I don't blame them for taking advantage of the current system. But it has to reformed to favor taxation of local revenue, and tariffs to equalize production costs among countries with differing levels of development.
If they don't like it or can't compete let them collapse, other companies will take their place.
increased tarriffs, there's no way that products coming to the US should only be taxed 8% when the Chinese tax 13-14% on American made products entering China.
>>71047221
A combination of tariffs and lower corporate taxes for nationals
>>71050834
Scratch that Intel pays a good sum and Apple pays closer to 10%.
United and American have negative tax rates, as do GM and Xerox.
Tariffs
>>71051090
How could they be any lower when almost 1/3 of the large scale companies pay almost nothing. GE payed no taxes in 2013 despite sending countless amounts of semitrucks out onto public roads, using public airports to ship products overseas and using public telephone lines to make sales. If a company is using public resources to sell their products, they should pay taxes.
>>71050348
Companies will always have their profit percentage. At first glance things would seem more expensive, but the money fo productivity is being put back in the country economy, raising wages. It evens out in the end.
>>71051498
Well it's not that the taxes are too low, it's just that it's easy to get around them through off-shore banking, channeling profits into business administration and so forth. These loopholes obviously need to be addressed.
>>71047221
The problem with making stuff in the United States is the stringent regulations and liability for literally everything.
Two examples:
While I agree we need to keep the air clean, ground water safe, and employees safe, it has become absolutely ridiculous.
Another is that the insurance costs and liability of having workers is tremendous. People can sue for anything - and they'll even fake injuries and sue you for it. The government is always on the side of the employee, and provides little to no protection for businesses who get scammed. There needs to be a better balance.
Drive down the road here in South Florida and you'll see all these signs for "Injured?" that are businesses that just deal with fucking companies over. They try to find anyone other than you to blame for your injury, and often it is a company. Fell at a car dealership? Sue them for a bad parking lot. Hurt you back (on your motorcycle)? That was from work obviously - no one needs to know about your motorcycle accident.
>>71047221
You don't.
Even with excessive tarrifs, it will always be more efficient and cheaper to produce elsewhere that doesn't have proper unions or workplace laws.
You can't stop it unless people simply stop buying shit from third world countries, which they won't since everyone's conned into a system of debt and profligacy to fuel their system of "just more".
Capitalism is going full circle, welcome to the future.
>>71047221
>>71047221
Easiest?
Run guns into their country under the radar helping to create instability forcing the businesses to pack up and leave.
>>71051498
So your answer, instead of making them more likely to pay taxes, or removing loopholes and tax avoidance gets outs, is to raise taxes?
>>71047221
I know you have equal kinds of laws regards work and stuff but i think the state should pay for all the insurance of all the people so companies don't have to pay for them. By doing this saves companies a lot of money and by that have more money to spend on stuff that will bring in more taxes. Just an idea I've been thinking of. Donno if stupid or not but i think it would make companies more likely to stay than to pay a shit ton of cash just to hire people.
>>71052067
This. Third world people are cheaper and create things that are cheaper so they buy them. If all the western companies moved their works back to the west a lot of unemployment would go away. Only downside is that an iphone for an example would cost a lot more because the people make the phones would want more pay than they pay the people in the sweat shops they do now. Also union shit and stuff like the shitposter said.
>>71047221
Sure way to make them stay is to vote for a fucking socialist who wants to tax them 90% while constantly waffling about scandinavian countries, bullshitting about a fair share in country where 50% of population pays 95% of taxes. Also doubling minimum wage for every irresponsible floor-scrubbing failure also helps
What makes you people think that corporations would keep the prices the same as they are now if you introduced tariffs?
>>71053633
Nobody said that. Of course prices will rise. As well as employment, and wages after the increase on productivity.
