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Message
re: Trump's Magic Wand Strikes Again: Fiat to spend $1 billion locally
Posted on 1/9/17 at 9:25 am to BugAC
Posted on 1/9/17 at 9:25 am to BugAC
quote:
Think objectively, as a business owner, if you had the option of staying, paying exponentially more in taxes to produce the same product vs. leaving, paying a fraction in taxes to produce the same product with no penalties...which would you do?
There are many more factors at play here. Where is demand coming from, labor requirements and costs, cost of re-tooling an existing facility vs. building a new one., etc., etc.
With that said, no one should be "celebrating" implementation of "big border taxes" and "heavy relocation fines". They're anti-market tools that hurt companies, workers and consumers.
1
Posted on 1/9/17 at 10:01 am to ForeLSU
quote:
With that said, no one should be "celebrating" implementation of "big border taxes" and "heavy relocation fines". They're anti-market tools that hurt companies, workers and consumers.
Hurts China when they do it.... LOL!
Been through this a million times. No, What Trump is doing is not isolationism, it's not anti-trade. It's what Reagan came up with that was gutted by washington lobbyists paying off politicians.
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