11-23-2012, 08:02 AM
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#44
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Fan of the home team
Join Date: Dec 2002
Location: Durango, Colorado
Posts: 12,107
Adopt-a-Bronco: Mark Schlereth
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Agreed
Quote:
Originally Posted by Drek
Taxation.
Simplified corporate tax rates of 25%, no exceptions but one. That exception is a 1% reduction in your tax rate for every 1% of your work force, subs, and suppliers are U.S. citizens, companies, etc.
Employ U.S. citizens and buy your materials from only U.S. companies and you pay 0% taxes. Outsource all your manufacturing to China via FoxCon like Apple chooses to do and those 50,000 Chinese workers are weighted against the ~2,000 U.S. citizens you employ. End result you pay damn near full freight.
Simple solution to a complex problem. Hell, even for budget hawks that would be a big win, as corporate taxes make up on 6% of government revenue due to existing loop holes and subsidies.
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It would be nice if common sense were common.
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