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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (11942)7/31/2003 9:22:06 AM
From: Mike da bearRead Replies (2) | Respond to of 306849
 
Feds are running an enormous deficit as it stands. You think reducing taxes is going to happen? Anyway, if the loaded (wages + taxes + building + environmental costs) for an employee in China or India is 20% of what it is here, even if we eliminated tax burden here the US cost would still be 3 or 4x higher... therefore jobs will still dissapear.

1st step is to level the playing field, if that doesn't work then more drastic measures can be taken. As it stands now, the politicans don't even admit to there being an issue so no talk of leveling the field what-so-ever.