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re: NY basically admitting that low taxes create job opportunities..
Posted on 1/16/14 at 6:38 am to TrueTiger
Posted on 1/16/14 at 6:38 am to TrueTiger
They are only talking about one kind of tax, it's not like the other ones went away. So there's that. Then there are our over regulated industries that make it more attractive to hire outside America than inside.... So there's that too.
Posted on 1/16/14 at 6:48 am to ironsides
quote:
over regulated industries
This is huge because regulations function like taxes.
Posted on 1/17/14 at 5:40 am to ironsides
quote:
Then there are our over regulated industries that make it more attractive to hire outside America than inside.... So there's that too.
Over regulated? Which ones and which regulation? I will just about guarantee you that any regulation you can name is the result of years of abuse by the industry which knew it was doing something it ought not to have been doing or it is a regulation which is over seen by a regulatory body which is so woefully under-financed that the only way to ever get in its cross-hair is to do something so woefully destructive that it can't be ignored OR to do hundreds of incredibly stupid things every day of every week that eventually by sheer numbers of minor incidents alone the regulatory agency has to see what the frick is going on.
But lets talk about this seriously. What developed nation, which has any sort of regulation on business practices, is more attractive from a business perspective than the United States? I don't think you can seriously make this argument. It certainly isn't Europe or Japan. I would think you would have to look to developing nations to find a significantly more lax regulatory environment than the US...and you want to talk about risk, go ahead on and invest billions in China. That is a brilliant fricking move....of course life experience has taught that the US Taxpayers will foot the bill for the military to secure your investment so you can discount that risk to some degree.
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