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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (358421)11/15/2007 2:50:44 AM
From: tejek  Read Replies (1) of 1573849
 
Ted its not a simple case of having companies that need cheep labor and others that don't. Every company would benefit from cheaper labor if all else is equal. The companies in fields where they really can't compete with American labor, and the companies where being in America is a large net advantage, aren't the ones to consider. Minor changes in tax laws, regulation, or other things aren't going to change those companies decisions. Its the companies at the margin that you have to worry about, and at the margin higher corporate tax rates are a disadvantage to US competitiveness. A few companies have left or will leave for that reason, but the bigger effect is probably not the companies leaving but rather the reduction in competitiveness of the much larger number of companies who stay.

The vast majority of US companies are doing fine with the corporate structure the way it is....in fact, they are some of the most profitable companies in the world. Consequently, I am not worried about the corporate rate structure.
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