The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31002
Likes: 52320


The high corporate tax rate might be why a US company that


has profits in the UK, keeps the profits in the UK and looks for ways to invest in the UK vs. bringing those profits back to the US and paying a 16% tax on it to be able to invest in the US.

Or the high corporate tax rate might be why a US company was unable to bring engineering jobs from Singapore to the US (an exact situation that happened to me about 12 years ago in my career).

Reducing the corporate tax rate is not going to suddenly stop companies from looking for cheaper sources of labor in low cost markets, but you'd also have to be a dullard to think that we can operate in a global economy with a tax rate that is 50% higher than the rest of the world and not have it impact how and where companies invest.

(In response to this post by Beerman)

Posted: 12/13/2017 at 2:04PM



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Current Thread:
  Whataboutism.... -- Freddyburg Hokie 12/14/2017 10:03AM
  So? My point still stands. ** -- Hokieesith 12/14/2017 10:46AM
  There are plenty in middle class that will get cuts. -- psychobilly 12/13/2017 2:32PM
  You and Obama showed us debt clearly is not an issue ** -- TomKazanski 12/13/2017 3:21PM
  Speaking of Obama...whatever became of these? (link) -- Tuckahokie 12/13/2017 3:34PM
  Apparently the Secret Service still has them. -- HowieT3 12/13/2017 4:30PM
  A few will pay a little more in taxes ..... Hahaha -- PalmyraHoo 12/13/2017 3:01PM
  Sad ** -- WaxHoo 12/13/2017 2:57PM
  What can go wrong when one political party -- walkthecorner 12/13/2017 2:03PM
  Without reading it... ** -- 81_Hokie 12/13/2017 2:42PM
  Does this sound familiar? -- Seattle .Hoo 12/13/2017 2:03PM
  Govt shouldn’t legislate to make anyone prosperous -- TomKazanski 12/13/2017 2:11PM
  Gov't legislation doesn't make people prosperous. ** -- Hokie5150 12/13/2017 4:06PM
  If we give everyone a home we could end homelessness -- PalmyraHoo 12/13/2017 9:05PM
  Precisely my point. ** -- Hokie5150 12/13/2017 9:07PM
  So Beavis AND Butthead are in agreement . Bravo ** -- 111Balz 12/13/2017 10:40PM
  Such as what legislation made people prosperous? ** -- Hokie5150 12/13/2017 4:28PM
  The Iceman only drives on roads he built himself. -- HowieT3 12/13/2017 3:25PM
  What makes them dullards isn't that. -- Beerman 12/13/2017 1:52PM
  Different issue -- Beerman 12/13/2017 1:58PM
  The cutting of the tax rates is for.... -- Freddyburg Hokie 12/13/2017 2:28PM
  Yes. Of course. ** -- Beerman 12/13/2017 2:34PM
  Just curious do you call the gruberites -- TomKazanski 12/13/2017 2:19PM
  You will also note -- Beerman 12/13/2017 2:33PM
  You didn’t answer my question -- TomKazanski 12/13/2017 2:53PM
  Dullards? -- Beerman 12/13/2017 3:02PM
  Trump told them it's a cut -- Beerman 12/13/2017 1:43PM

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