Originally Posted by TheDoc

I agree that many of our corps move to other countries because of tax benefits. However, it's not the zero corp rate that does it. Some of the top countries like Ireland just have a lower rate, and on average those same corps pay about an equal rate here or more because of Vat. Then they can own corps out of those Countries and those Countries don't require taxation on the transfer of that money, unlike here.

Even countries with super low rates and zero corp tax rates use other zero/low rate countries for tax benefits and more importantly, lower wages.

However, that is not why those corps don't build here.... that's why they move from here.

They don't move back here, come here, re-invest here with the billions they've made off shore, because of Capital Gains Tax. Would you move a billion dollars to setup shop if the gov was going to take 20-40% off the top, gross? Of course not.


I do believe we're in a global economy as well... however I realize that means people should stop expecting jobs to return here and start looking outside our borders for work. Just like I don't only do business in America, and if any of us did, we would all be rather screwed.... like an American without a job.