Quote:
Originally Posted by GregE
You're leaving out the cheap overseas labor factor. Companies that are primarily motivated by that consideration are going to keep shipping jobs overseas no matter how much or how little Uncle Sam taxes them.
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The taxes are just part of the problem.
The govt. has created so MANY problems to start a business in the U.S. (on federal, state, and local levels) that it drives business away to other countries as well.
Yep, there is cheaper labor in some countries. And the cost of living there is cheap too. So it all works out.
I've always noticed that every time the govt. raisese the minimum wage here...the price of everything goes up MORE. It's a ridiculous circle that never ends and keeps driving the costs up.
But that isn't even the worst part. Back in 2006 we bought up a ton of commercial property and began renting space to businesses.
What the local govt. does to business in city limits is un-fucking-real.
The licensing, the "inspections" (and the payoffs), the fees, and the taxes will just beat a person down to the ground.
When I sold that property in 2008 (because I was moving to Vegas)...not ONE of the original businesses that we rented to in the beginning were still operating. They had all gone out of business and we had new tenants.
At the same time, we came very close to opening a used car lot.
First I had to get a dealer license. No big deal. Then we went looking to buy the property to put it on.
By the time the city & state govt. got done with us....we abandoned the idea.
Then we were going to open a "beer and wings" sports bar. We moved out of the city to avoid their bullshit. Then we said "hello" to the county and state and liquor licensing.
We walked away from that after 4 months and never opened the doors.
We would have "created" some jobs with the car lot and the sports bar and contributed to the local economy. But the local govt. just completely discouraged me from wanting to deal with their headaches. So as excited as I was...I walked away.