Would cutting the corporate tax to zero bring all the outsourced manufacturing jobs back to the US?
That is the claim of Libertarian Party candidate Gary Johnson,and I was wondering if you could convince me this is true. I did not ask,"Would making it less expensive to do business here result in more business here?" Try answering the question I asked.
Asked By: Nobody - 9/19/2012
Best Answer - Chosen by Asker
No. Labor is cheaper in the other countries.
Answered By: Hannah - 9/19/2012
Additional Answers (6)
It wouldn't hurt.
Answered By: Homey Don't Play Dat! - 9/19/2012
It would be one step. Other steps would also be necessary.
Answered By: Shovel Ready - 9/19/2012
No budd, cause American's still expect a middle class wage... that's the problem.
Answered By: Jeff Spicoli - 9/19/2012
Would making it less expensive to do business here result in more business here? Yeah. That's what you asked.
Answered By: Peace through blinding force - 9/19/2012
No. They will stay outsourced as long as they are making money doing it. Money creates no patriotism and those who have enough of it can go wherever they choose when things get bad where they are. They are seldom limited to one home in one hometown.
Answered By: mom - 9/19/2012
I am not a economist but it has to be competitive if you can make more money else where you go else where. I think it would be better to get rid of income tax first the corporations would just end up keeping the extra money they would not pay people more. I would say the best thing would be to cut spending then talk... More
Answered By: Profile - 9/19/2012
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