President Barack Obama Message Board

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Politics : President Barack Obama

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To: bentway who wrote (133756)	5/26/2013 10:53:47 AM
From: ChinuSFO	Read Replies (1) of 149317

With regards to corporations leaving the US in search of cheaper labor, this is a good article which shows that these US capitalists/imperialists are learning their lesson. They ignored the adage "you get what you pay for" when they were migrating. Now they are experiencing the folly of their decision. There are many US corporations that are now slowing crawling back into the US and they want to do so in a big way. I am in favor for giving these corporations some tax breaks to repatriate their funds. But these breaks should be tied to the welfare of the workers wherein we mandate that these funds be directly used to open up jobs for US workers, create new facilities with the most advanced manufacturing techniques, good health benefits etc. If they do so then the Govt.'s loss of revenue from these breaks will be made up by way of increased revenues from income taxes etc. features.blogs.fortune.cnn.com

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