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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (659625)11/11/2004 12:03:34 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Er... No.

The multinational corporations would all just reincorporate in some overseas location --- then they would be exempt from your 'exported jobs tax', as they wouldn't be US corps anymore....

We would lose all our big businesses... (and, likely every free trade agreement in existence.)



To: JDN who wrote (659625)11/11/2004 12:04:18 PM
From: goldworldnet  Read Replies (2) | Respond to of 769670
 
A better way might be to give corporations a tax credit for each domestic employee.

* * *



To: JDN who wrote (659625)11/14/2004 3:59:36 PM
From: Peter O'Brien  Read Replies (1) | Respond to of 769670
 
This is essentially a huge new tariff on the labor market.

If implemented, I predict horrible results,
similar to the Smoot-Hawley tariffs leading
to the Great Depression.


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