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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (358931)	11/16/2007 4:17:11 PM
From: TimF	Read Replies (1) \| Respond to of 1573925

"At the margin" doesn't mean that the companies are marginal in the sense of "limited in extent, significance, or stature" or "located at the fringe of consciousness" or "close to the lower limit of qualification, acceptability, or function". I'm using an economics term of art rather than the standard English word. Some of those companies will be relatively inept, but even relatively inept companies might be making positive contributions. Getting rid of those companies doesn't mean they will be replace by seriously skilled and well led companies in the US. They are more likely to be replaced by companies overseas, or to move overseas themselves, if the US tax regime makes it more profitable to locate and invest overseas. Not every company is worth saving, in fact generally I would avoid having any effort made by the government to save any company, but the government also shouldn't impose burdens on companies that exceed those in most developed countries. Even the very solid companies, might incrementally invest more in overseas production, and try to shift their profits elsewhere if out corporate rates are higher than average. Yes corporate incomes taxes are only one of many costs, but each increment of additional cost will at the margin cause production more likely to shift to where the cost is not imposed.