I found this clip on Facebook. I hesitate to believe anything that talks about financial benefits for corporations, but this does make some valid points. Although, I think the solution is flawed. The US will never be able to compete for low cost operation with other countries--our cost of living is too high. It will always be cheaper for mega-corporations to outsource most of what they do to China, India, or Mexico. Financial decision making is not exclusively based on tax rate. But still, this does cover an interesting topic in easy to understand language that people around the world should be aware of--not just Americans.
No comments:
Post a Comment